Tried to play a dead cat bounce into the 9 EMA. Shorted when it fell below the VWAP. Came right back up, got out.
Symbol: CEMP
Time of trade: 10:15am
Size of Position: 100
Day trade
Price: 32.98
Market above/below 50 DMA: No
Setup: dead cat bounce into 9 EMA
Long/Short: Short
Gain/Loss: -$37.00
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-01 10:15:46 | CEMP | sell | $32.980 | short |
2015-04-01 10:19:12 | CEMP | buy | $33.350 | 0 |
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