PLAY: Resistance/range play
Stock had big resistance at 14.83, was running into it so expected a small pullback to scalp. Got in great entry, thought it would work but it held so on the bigger timeframe, it looked like a long so took it off. It never broke resistance and should have held my 4cent stop.
Reasons to cover:it held, not great set up
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-14 15:08:11 | DDD | sell | $14.820 | short |
2016-03-14 15:10:07 | DDD | buy | $14.820 | 0 |
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