Play: ORB/VWAP reject
Stock cracked key level of resistance from previous day, waited for it to bounce to show HOD was in, couldn't hold so got short as it couldn't get above the VWAP. I was a bit early, but when it kept failing at 4.15 and started breaking down, i got short and added to position for the break down. Covered some in the flush at round # in case it was support, then consolidated sideways. Expected more downside but started bouncing, got stopped at buy price.
Reasons to cover:flush, round #, buy price
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-14 09:32:16 | VCEL | sell | $4.080 | short |
2016-03-14 09:36:20 | VCEL | sell | $4.050 | short |
2016-03-14 09:37:06 | VCEL | buy | $3.990 | short |
2016-03-14 09:45:29 | VCEL | buy | $4.040 | 0 |
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