Play: ORB
Stock was overextended on the daily, gapped down which i did't like, tried to bounce but couln'dt hold 6, kept making lower highs and got in on the flush towards LOD. Not a fan of that trade because volume wasn't there, the gap down screwed up the short side and there wasn't any catalyst so I took all off at LOD. Good thing as it squeezed big time later on.
Reasons to sell:LOD, not good reasons for entering the trade
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-15 09:49:39 | MOBI | sell | $5.800 | short |
2015-06-15 09:49:55 | MOBI | buy | $5.740 | 0 |
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