The stock was bouncing off of previous day lows and being so beaten down and below 200 SMA, it looked like long play to me.
I had a nice entry as the first pull back buy and had a 5c stop loss set just under the VWAP and 9 EMA. Unfortunately, my stop was picked up by one quick sell off and bounced right back up and continued to go up. I should have put a stop loss just a few cents lower so it would not be picked up like that. What a bad luck imo
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-21 10:17:55 | URBN | buy | $34.330 | long |
2015-05-21 10:22:04 | URBN | sell | $34.280 | 0 |
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