Grade=C-
Points off for a risky trade. This stock had a quick and powerful breakout over 102. I missed it and watched it peak out at 105. I considered it to be very extended and due for a quick snapback. It played out as I thought and I scaled out. I could have been a little more patient in taking off the first 50 shares, but it feld like a risky trade to be taking and a bit of an experiment.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-13 11:28:50 | ESPR | sell | $104.380 | short |
2015-04-13 11:29:56 | ESPR | buy | $104.230 | short |
2015-04-13 11:43:35 | ESPR | buy | $103.540 | 0 |
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