Opening range breakdown that I should have waited for the whole number 25 to be broken which is a psychological number. It wicked me in and I got stopped out once it rallied and buyers kept stepping up the bid. Turned out to be a good out because the stock rallied more. I was having a solid morning so I may have been pressing my luck a little here shorting too early.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-11-21 10:09:17 | SCHL | sell | $25.030 | short |
2012-11-21 10:12:00 | SCHL | buy | $25.470 | short |
2012-11-21 10:12:00 | SCHL | buy | $25.470 | 0 |
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