Play: ORB/Parabolic
Stock was up 100% and opened strong right into 52 day highs. Saw big seller so got short, stop above. Not great entry but it was very volatile. Stop got picked off and then faded. I like the trade, too bad I couldn't stay in it. I don't use hard stops for that reason but it was so volatile i didn't want to be forced to cover 10-15cents above my stop.
reasons to cover:stop got picked off
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-10 09:30:45 | VCEL | sell | $4.100 | short |
2016-03-10 09:30:51 | VCEL | buy | $4.300 | 0 |
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