Shared by
ballhog409
Was about to log out for the day when I saw this stock shooting up. When it hit 9, I saw that there was a lot of back and forth between 8.8 and 9 so 9 was definitely a resistance. I figured that I'd take a shot at it and shorted at 9. It went up a bit more to 9.11 and then flushed. Sold 200 at 8.68 and the remaining 100 at 8.53. A nice gain and relatively stress free for a small position.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-09-10 12:34:49 | SGMO | sell | $9.000 | short |
| 2015-09-10 12:34:54 | SGMO | sell | $9.000 | short |
| 2015-09-10 12:34:54 | SGMO | sell | $9.000 | short |
| 2015-09-10 12:38:03 | SGMO | buy | $8.680 | short |
| 2015-09-10 12:38:03 | SGMO | buy | $8.680 | short |
| 2015-09-10 12:42:25 | SGMO | buy | $8.530 | 0 |
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