gap down bounce short...stupid trade, it gapped down then bounced up into its MAs, when it started going read again I shorted it and it kept on bouncing and went green on the day...stock was very oversold on the daily it was probably due for a bounce, the weak open was a better opportunity to go long
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-20 09:37:41 | MBI | sell | $11.230 | short |
2013-03-20 09:55:07 | MBI | buy | $11.380 | 0 |
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