Grade=C-
The setup: short the pop
I had my eye on this to break 4.80 which was a key level from the previous day. It got above that as the greater market was tanking. I waited for it to put in a peak and the start of a red candle while comparing it to previous peaks in this stock.
The result: Got the small move and got out while the going was good to lock in the gain when I wasn't feeling too confident about this trade. Got the chunk and got out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-21 12:00:26 | S | sell | $4.840 | short |
2015-08-21 12:00:26 | S | sell | $4.840 | short |
2015-08-21 12:17:07 | S | buy | $4.800 | short |
2015-08-21 12:22:45 | S | buy | $4.800 | 0 |
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