MOMO gapped up today in premarket. Looks like it broke out on good earnings report. Went for the short play and did not pan out. Exited when stock found support on VWAP. This looks like it would have worked for an ORB play.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-19 09:37:50 | MOMO | sell | $14.850 | short |
2015-05-19 10:01:11 | MOMO | buy | $15.160 | 0 |
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Good exit.