I took this one as a reversal against 166.50 / 166.00. However, the daily wasn't truly extended/big and I saw that when I took it.
Technically it took my stop but I didn't get stopped out the first drop. It powered back up and then fell again and stopped out. That spike up may have been a good area to trail aggressively or close out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-12 14:25:31 | AAP | buy | $166.670 | long |
2015-11-12 14:35:54 | AAP | sell | $166.150 | long |
2015-11-12 14:35:54 | AAP | sell | $166.150 | long |
2015-11-12 14:35:54 | AAP | sell | $166.150 | 0 |
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