Play:ORB
Stock grinded back to HOD, seemed to struggle to break HOD so got short. Was aggressive with the short and got in on any type of weakness on the tape. Wanted to see follow through or some type of panic and instead, it held 1.85 even when volume was hitting on the bid so I covered as there might have one more squeeze in it which i did not want to be part of.
Reasons to sell: held support on 1mn flag
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-08 09:33:28 | LINE | sell | $1.875 | short |
2016-03-08 09:34:28 | LINE | buy | $1.860 | 0 |
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