Thought after the big downwards move on the daily the short sellers might be restricted so as I saw the stock had gapped pre market I had it on watch. Didn't want to trade the first pullback incase it sold off so waited for the second higher low to hold to get a low risk entry. Wasn't as explosive as I hoped it to be.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-19 10:04:00 | AMCN | buy | $5.000 | long |
2015-06-19 10:26:00 | AMCN | sell | $5.100 | 0 |
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