ICLD looked extended piercing the upper bollinger band it had a good day last Friday. Pre market gap up was 17% so I thought it had a good chance of being a rubber band snap back play. 2nd candle of the day opened around 3.51 and turned red. I shorted 100 shares market order. I got in at 3.40. Set my stop at 3.52 with the position management box and set target at 3.02 (was thinking it would retest the 3.00 levels). At 6:51 I closed out my position at 3.09.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-04 09:35:35 | ICLD | sell | $3.400 | short |
2015-05-04 09:51:20 | ICLD | buy | $3.090 | 0 |
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