OPK had a good move the prior day but did come into play until today. I have only been able to trade afternoons, so I missed the initial move to the upside. It began to flag with its moving averages tight underneath. So I took the trade with a tight stop, knowing that if this broke the tight support of the moving averages, it would be a goner. I took the trade with a pretty good entry. Set up didn't work, and I was stopped out for a loss. I know I bought it too after its initial move. I am going to pay much more attention to that in the future.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-13 13:10:24 | OPK | buy | $15.720 | long |
2015-05-13 13:22:26 | OPK | sell | $15.670 | long |
2015-05-13 13:22:26 | OPK | sell | $15.670 | long |
2015-05-13 13:22:26 | OPK | sell | $15.670 | long |
2015-05-13 13:22:27 | OPK | sell | $15.671 | 0 |
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