Stock has gone parabolic and I was looking for a rubberband snapback play here. I noticed the stock opened on a huge red candle and then retraced to the 9ema, at which point I shorted. the stock quickly popped on me and I covered.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-14 10:10:47 | CYTR | sell | $4.485 | short |
2015-04-14 10:13:56 | CYTR | buy | $4.558 | 0 |
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