Really ugly trade on this today. I thought it could go much higher but was running into the 200 DMA. I should've took the quick scalp but I thought it was going to break the high and head to $5.00. It didn't, pulled back, I got out, then reentered and then got stopped out again for a loss. This stock was over extended and running into resistance.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-24 09:55:05 | SPEX | buy | $4.110 | long |
2016-05-24 10:16:01 | SPEX | sell | $3.940 | 0 |
2016-05-24 10:26:35 | SPEX | buy | $4.030 | long |
2016-05-24 10:43:58 | SPEX | sell | $3.760 | 0 |
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