Shared by
jmos_BOWS
Play: ORB
Stock had PR, went parabolic and faded pre-market so was short bias. It opened with nice volume very strong right into prior resistance. I wanted to see that resistance hold and get short which i did. Good entry. Took some off as I didn't think it had much meat left because of the fade during pre-market and thought it could be choppy with dip buyers. It kept fading and held for targets. When it got extended, I kept taking some off. Screwed up my last shorts. I bought too many when i just wanted to cover another partial so had to sell right away as i was now long lol
Reasons to sell: flush, round #, extended
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-08-13 09:30:30 | OHGI | sell | $2.300 | short |
| 2015-08-13 09:30:45 | OHGI | buy | $2.200 | short |
| 2015-08-13 09:31:10 | OHGI | buy | $2.030 | short |
| 2015-08-13 09:31:32 | OHGI | buy | $1.930 | short |
| 2015-08-13 09:41:37 | OHGI | buy | $1.820 | short |
| 2015-08-13 09:43:27 | OHGI | buy | $1.720 | short |
| 2015-08-13 10:02:33 | OHGI | buy | $1.640 | 0 |
| 2015-08-13 10:02:33 | OHGI | buy | $1.640 | long |
| 2015-08-13 10:03:39 | OHGI | sell | $1.620 | 0 |
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