Mid day fader. Saw that 7.48 level reject for the second time today so got short for the double top reject. Should have held but have been burnt a lot recently holding too long. Was happy with the $140 especially after getting a good win on the long this morning but I really need to work on letting the winners run. Seeing the weakness under the VWAP late day should have been a clue to get back in.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-05 12:54:53 | GNCA | sell | $7.346 | short |
2016-04-05 13:58:40 | GNCA | buy | $7.060 | 0 |
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Very nice trade man.