It was a gap down here. Stock was too extended with overbought stohastics yesterday, so I thought it would not hold that highs and I shorted it. The trade itself was right, but I traded small,because my stop was big (over day's hihg 9.65) and I quit early, because the move of this stock was not clean at 5-min chart, but I should wait.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-08 09:36:10 | SGYP | sell | $9.400 | short |
2015-07-08 10:01:47 | SGYP | buy | $9.310 | 0 |
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