There appeared to be support at the $114.70 level but that's not really the reason I covered. At this point in the day, I was up over my daily target and eligible for a profit incentive. I decided to take the incentive and the rest of the day off before I dropped below the incentive qualifier and had to find another trade. I stuck to my plan of hitting my target and shutting down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-23 11:10:29 | VRX | sell | $115.010 | short |
2015-12-23 11:26:51 | VRX | sell | $114.740 | short |
2015-12-23 11:42:04 | VRX | buy | $114.760 | 0 |
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