My mistake here was that I didn't know what the catalyst was. I just found this stock in the Benzinga.com Pre-market Losers list.
Entry: I bought the first pullback to support level with stop under LOD at $6.20. 2R target was $63.98, right under HOD.
Exit: The stock price was under VWAP and 9EMA. I decided to move the stop to $63.39. It was a good idea, because I would've been faked out when the spike hit $6.17.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-05 10:12:25 | GOLD | buy | $63.460 | long |
2015-10-05 10:25:30 | GOLD | sell | $63.370 | 0 |
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