Play: Bear Flag
Stock opened with volume, couldn't hold, flushed, started bear flagging. It tried to squeeze without success so got short. Wanted to see follow through on break of LOD. Could't get filled half then started holding, ppl playing with bids so got out. I have trouble with thin stocks because they move on air but if they start to catch a bid, they can be dangerous.
Reasons to cover:no follow through, didn't get filled, didn't want trade to go green to red on me (meaning being up and then lose on it)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-28 10:11:39 | LEU | sell | $3.470 | short |
2016-03-28 10:29:37 | LEU | buy | $3.450 | 0 |
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