Shared by
ckz8780
Longside intraday short breakdown. $12.90 seemed to be a significant level and after the buy I attempted at $12.99 failed to break out I reversed my position. I was able to make back my money from the previous loss plus a bit more but overall this stock was just kind of stuck in a range all day and there were better setups out there. I could have taken profit at $12.75 or $12.70 on this but since I had been in it for so long at that point I decided to just go all or nothing. I closed it at 3:58pm. Made $66.50.
Here is a bigger chart showing my buys/sells:
http://twitpic.com/b07hlw/full
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2012-10-01 11:50:32 | MDRX | sell | $12.890 | short |
| 2012-10-01 15:57:35 | MDRX | buy | $12.780 | short |
| 2012-10-01 15:57:35 | MDRX | buy | $12.775 | short |
| 2012-10-01 15:57:35 | MDRX | buy | $12.780 | short |
| 2012-10-01 15:57:35 | MDRX | buy | $12.780 | short |
| 2012-10-01 15:57:35 | MDRX | buy | $12.780 | 0 |
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