Play: ORB
Stock was overextended, had cracked yesterday but put out a PR this morning. It ran up and looked strong pre-market but gave up the gains and opened right under 8 and at previous day's high. I wanted to see how it was going to open to pick a side. When it opened weak, i was short bias. I waited for a go-to set up to appear which it did. Not the most convincing simply because it was right under a round # so I was worried buyers would step in to break it out so i didn't go full size unfortunately but I still had to take it as the set up was there, I just didn't have full conviction in it. Sold into flushes, when it stalled at LOD, when it got extended and then sold the final lotto shares out of boredom. Not good as I left money on the table and had no reason to sell since it was making lower highs.
Reasons to sell: LOD, flush, extended, stalling
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-28 09:36:25 | AGEN | sell | $7.870 | short |
2015-04-28 09:36:37 | AGEN | buy | $7.750 | short |
2015-04-28 09:37:09 | AGEN | buy | $7.710 | short |
2015-04-28 09:46:43 | AGEN | buy | $7.630 | short |
2015-04-28 09:51:32 | AGEN | buy | $7.590 | short |
2015-04-28 10:03:08 | AGEN | buy | $7.500 | short |
2015-04-28 10:15:38 | AGEN | buy | $7.370 | short |
2015-04-28 10:23:06 | AGEN | buy | $7.270 | short |
2015-04-28 12:43:10 | AGEN | buy | $7.290 | 0 |
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