Play: ORB
Stock opened weak, ran right into resistance and couldn't hold and break out. It sold off to LOD so thought trend changed. Got in for the break of LOD for continuation as it couldn't hold the bounce but was a bit too early. VWAP was a little too far and wasn't sure if it would bounce all the way to that level so I took the small loss to re-adjust.
Reasons to sell: couldn't flush, volume coming in, was early
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-21 09:44:18 | ISR | sell | $3.360 | short |
2015-05-21 09:45:58 | ISR | buy | $3.440 | 0 |
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