Grade=D
Swing
The setup: short the bounce
The result: The idea looks workable and the time frames matched for a short. When it gapped down on 8.12, I moved my stop down for a no-lose trade and that's exactly where I got stopped out at break even. The stock still hasn't made a move.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-10 11:14:24 | MIFI | sell | $2.480 | short |
2015-08-12 13:09:53 | MIFI | buy | $2.450 | 0 |
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