Shared by
James-H-Moore_BOWS
Thought I spotted an opportunity for a rubber band snapback play. The stock pulled up to resistance intraday which caused me to short. I set my stop just above the resistance and it stopped me out. I didn't see another setup for entry.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-05-16 14:49:00 | GSAT | sell | $2.760 | short |
| 2016-05-16 14:54:00 | GSAT | buy | $2.770 | 0 |
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