Stock pushed up into the prior resistance area the previous day so I was short biased. The price was under the 5 and 15m MA's so I shorted thinking it might flush below 36.20. No go.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-07 10:03:06 | RCI | sell | $36.230 | short |
2015-05-07 10:04:24 | RCI | sell | $36.180 | short |
2015-05-07 10:19:07 | RCI | buy | $36.270 | 0 |
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Good idea regarding the daily resistance area, but you should have shorted there instead of 20cents below it