Play: ORB
Stock opened strong on big volume, couldn't break pre-market highs and couldn't hold candle so got short. A bit of a chase but had wide stop loss thinking if it was going to bounce, it would make a lower high. I wanted to add some more on the lower high. It didn't follow through, and the bounce was aggressive with volume, got stopped out.
Reasons to sell: stopped out, aggressive bounce
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-08 09:30:49 | NSPH | sell | $3.320 | short |
2015-09-08 09:31:39 | NSPH | buy | $3.500 | 0 |
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