This was on resistance on the daily, so I shorted on a green to red. I scaled out of my position by selling 285 shares. I was stopped out of the remaining 200 shares once things turned against me. I failed to move my stop up to the purchase price and gave back all my gains. Pretty much broke even on this.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-16 09:30:00 | RGC | sell | $20.640 | short |
2016-05-16 09:44:00 | RGC | buy | $20.540 | short |
2016-05-16 11:21:00 | RGC | buy | $20.710 | 0 |
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