Attempted intraday bounce short. This was a rejection off the 5 min 20sma which sort of worked but it pushed up through to price resistance before rolling over. Once it rolled over, the SMA became support so I cut it when it started to bounce. As you can see that was a good decision. Lost $10.80.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-12-19 10:42:01 | LVLT | sell | $22.695 | short |
2012-12-19 11:06:13 | LVLT | buy | $22.749 | 0 |
Haha, this was a pointless trade. Just screwing around with 200 shares. I give up. This stock is smarter than me :)
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well at least you got in and tried again with l3.