Tried a bounce play but it failed even though volume and price spike was present.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-06 09:36:37 | CNAT | buy | $3.930 | long |
2016-01-06 09:42:33 | CNAT | sell | $3.600 | 0 |
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Why you wanted to go long on this stock?, there is huge resistance @4. on daily chart. And don't buy on the first candle u cannot measure your risk here