The stock was opening lower on missed revenue, however, the stock was trending on premarket, having marked a bottom at 83.09-84.00, so my plan was to buy at this level for a gap fill type play.
My bisas changed when I saw the stock consolidating below VWAP, and since the market was also weak, I tried this one on the short side. I was stopped out and then the stock continued to the downside.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-21 11:09:44 | UA | sell | $83.810 | short |
2015-04-21 11:40:15 | UA | buy | $84.140 | 0 |
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