entered at the end of the IPO day because I saw the stock opened at $30 had a high of $31.50 and low of 29.50 so decided to enter late say as the price consolidated near the opening price. bought under $30 and set stop at $29.58 sold as the stock gapped up at the open and sold into the first area of resistance. didn't see a clean entry to buy back in for the bigger run up. overall happy with this play.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-18 15:21:00 | FIT | buy | $29.960 | long |
2015-06-19 09:33:00 | FIT | sell | $31.000 | 0 |
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