Play:Parabolic
Stock opened strong, was parabolic into resistance, got short when struggling for pb. It held so let it squeeze as it was already parabolic. Added to position near top. Expected a nice pullback, it did but started holding so got out flat. Not patient enough, as it would have been a winner.
Reasons to cover:none, traded PnL
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-28 09:33:03 | FCX | sell | $12.920 | short |
2016-04-28 09:36:15 | FCX | sell | $13.100 | short |
2016-04-28 09:37:39 | FCX | buy | $13.010 | 0 |
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