Was hoping for an additional flush of the 52 week low After the ORB. Started to go and then found support at that low. Moved stop down from where I initially placed it @$1.51, anticipating the bounce would be large.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-02-16 09:50:51 | SUNE | sell | $1.460 | short |
2016-02-16 10:31:39 | SUNE | buy | $1.450 | 0 |
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Good try. By anticipating the move, you gave yourself some room. You could have even taken some off at that support level. I know it was only 9 cents, but that's more than 6% on this stock. Tough to call either way in the moment though.