Play: Parabolic
Stock went parabolic into previous day resistance, took a shot at it. I didn't see much panic at 5.5 or in the sell off so i took the scalp. Energy sector was also strong so didn't want to risk it and get squeezed.
Reasons to sell:scalp, not much panic, strong sector
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-02-11 09:55:16 | ETE | sell | $5.505 | short |
2016-02-11 09:55:38 | ETE | buy | $5.450 | 0 |
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