Shared by
James_BOWSsim
GPRO gapped down off bad earnings. When my previous ORB failed to the longside, I saw what I thought was a reversal in this stock as well as the SPY. So I shorted it as it began to roll over. Covered quickly just as it tried to juke me out and recover a whole dollar. Choppy morning for this one, I don't think this was a wise trade, but I got out of it nicely like a gentleman.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-01-14 09:50:51 | GPRO | sell | $11.810 | short |
| 2016-01-14 09:54:12 | GPRO | buy | $11.680 | short |
| 2016-01-14 09:55:27 | GPRO | buy | $11.700 | 0 |
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