Hoped to catch a pullback buy on this one and have the stock run up to test HOD above $10 lvl. Longed as it sat on the 9 MA. I sold my position right before a small pop. Not sure how to feel about this one. Wasn't feeling the setup so I just sold it after a few minutes. Intraday around lunchtime we need deeper pullbacks. When the market (biotechs along with it) started to take a dump this one just broke its support level and faded.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-25 11:28:51 | LABU | buy | $9.920 | long |
2016-01-25 11:28:51 | LABU | buy | $9.920 | long |
2016-01-25 11:36:59 | LABU | sell | $9.800 | 0 |
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