Daily breakdown at $83.73. Shorted small (50 shares) with a stop above the HOD at $84.06. 30 cents risk for potentially $2 in gain if it were to bleed all day. Since this was a fairly simple play and offered an easy 35 bucks I just took the scalp, expecting it would bounce somewhere close to $83.00 with that being a nice round number.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-10-23 09:38:49 | APA | sell | $83.760 | short |
2012-10-23 10:32:44 | APA | buy | $83.050 | 0 |
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