RARE was extended and ran right into 50 dma on the daily,I was looking for a short opportunity when it cracked the morning trend and,made a lower high with mas curling over.Stock didnt go and I stopped out.The second entry was a bit of a chase and not quite an ideal setup.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-22 13:15:22 | RARE | sell | $61.800 | short |
2016-03-22 13:25:04 | RARE | buy | $62.240 | 0 |
2016-03-22 14:09:08 | RARE | sell | $61.860 | short |
2016-03-22 14:37:07 | RARE | buy | $62.120 | 0 |
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