Play: ORB
Stock opened above 200sma and couldn't hold it, was bear flagging and couldn't break out so got short when volume came in. When it started cracking, I thought a flush would come but when it didn't follow through, i got out. Better plays out there than waiting for a stock that doens't move at all even with volume.
Reasons to cover:no follow through
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-20 09:37:01 | OCLS | sell | $1.140 | short |
2016-04-20 09:41:03 | OCLS | buy | $1.140 | 0 |
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