Intraday bounce short. again off a weak bounce back to the MA this stock started showing weakness under a round number at $47.50. Since it was a little thin I wanted to confirm it was not going to pop above $47.50 so I waited for entry. Covered 1/2 near the low and the other half after it failed to break down. +$30.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-11-15 11:46:33 | NTES | sell | $47.120 | short |
2012-11-15 12:17:19 | NTES | buy | $46.680 | short |
2012-11-15 12:29:29 | NTES | buy | $46.960 | 0 |
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