It gapped down on earnings. There was no support. I thought it would flush. I noticed that the first 5-minute candle was green and it was a warning sign, but I shorted anyway. I shorted below VWAP with stop 0.35 above entry right above price resistance. I exited before my stop was hit.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-02 10:00:23 | PRGS | sell | $22.300 | short |
2015-10-02 10:07:23 | PRGS | buy | $22.520 | 0 |
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