Never traded a parabolic short, that is why I took a small position. Kunal shorted, but covered after it failed to crack 2.35. After carefully looking at the intraday chart it actually develop a bull flag, and broke that bull flag, good thing I cut losses quick.
Added Notes 10/30/15. After reviewing the chart, it looks like to stock was on SSR not a good idea to trade a stock on SSR especially went a serious gap down happens.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-28 10:51:31 | IMMU | sell | $2.390 | short |
2015-07-28 10:54:44 | IMMU | buy | $2.449 | 0 |
2015-07-28 10:58:24 | IMMU | sell | $2.400 | short |
2015-07-28 11:21:48 | IMMU | buy | $2.480 | 0 |
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