Play: ORB
Stock gapped on earnings, was on support, had been pulling back, thought oil would bounce today. This stock usually opens strong right off the bat and runs without ever pulling back so was long bias on any sign of strength. Got in, sold when it stalled at semi-round #, thought it would pb and rip again but didn't and sold off. No follow through.
Reasons to sell:semi-Round #, resistance, buy price
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-05 09:30:16 | CHK | buy | $6.320 | long |
2016-05-05 09:30:46 | CHK | sell | $6.460 | long |
2016-05-05 09:32:05 | CHK | sell | $6.320 | 0 |
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