PLAY: Stuff/VWAP reject
Stock kept bouncing off 20sma, looked long and was choppy so was't sure if shorts or longs were stuck. It looked ready to rip and stuffed everyone. Missed it so got in late, went in small. Usually, a stuff is followed by a panic and when i kept seeing buyers step in or shorts trying to cover, I didn't like it anymore as it should have fairly quick follow through.
Reasons to cover:did't flush in expected time, was holding
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-17 10:47:52 | VTAE | sell | $7.630 | short |
2016-03-17 10:49:23 | VTAE | buy | $7.610 | 0 |
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