Play: HOD reject
Stock opened weak on bs news, squeezed a bit, failed to break and hold HOD so got short with starter position. It started holding but couldn't break out of that range so when broke the range, added to it for the break down. Covered all in flush as it was extended. Didn't scale out bc didn't have greatest avg so i am just taking the base hits.
Reasons to cover: extended, base hit
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-25 09:31:44 | PTX | sell | $0.6312 | short |
2016-05-25 09:33:24 | PTX | sell | $0.6329 | short |
2016-05-25 09:36:13 | PTX | buy | $0.5849 | 0 |
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