Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-01-16 13:14:00 | ALNY | buy | $21.700 | long |
2013-01-16 13:24:00 | ALNY | sell | $21.800 | long |
2013-01-16 13:36:00 | ALNY | sell | $21.900 | 0 |
I didn't like the volume pattern on this one. The buys seemed light and of course it exploded after I sold the last 1/2. I had 700 shares and sold 350 and 350.
volume is a good confirmation indicator but the price hasn't really exploded hence no volume. I think you have to focus more on price action more than volume and I think u will ride out big winners
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how many shares of this did you buy? why all the 10 cent scalping. you still sold too early!