REGN had been relatively strong all day, so I was looking for a bounce.
Support at $63.50 would have been an ideal entry but I missed it.
I saw $64 support and I got in and out a few times before just placing a 10c stop.
I didn't trust the market and took profit at $64.50 getting my 1:5 risk:reward to end a tough day/week of trading!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2011-09-02 15:09:54 | REGN | buy | $64.000 | long |
2011-09-02 15:10:53 | REGN | sell | $63.980 | 0 |
2011-09-02 15:12:31 | REGN | buy | $63.970 | long |
2011-09-02 15:14:33 | REGN | sell | $63.990 | 0 |
2011-09-02 15:19:16 | REGN | buy | $64.000 | long |
2011-09-02 15:35:47 | REGN | sell | $64.500 | 0 |
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