HIMX opened very weak from the start and I saw an opportunity to hit it on a double bottom at the 5.20 area. Caught it a few cents under and stock ended up rallying higher till the end of the day when it actually broke down. Didn't have the patience or the BP capability to hold that long. Would have been a win in my book. Took small loss as I was getting squeezed.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-01 10:06:09 | HIMX | sell | $5.170 | short |
2013-04-01 10:11:42 | HIMX | buy | $5.210 | 0 |
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