General Comment/s:
-Stock gapped down pre parket fit for my favorite set up of gap down w/o
Plan: (SS)
Setup: Gap down w/o
SL: 2.7 (VWAP)
PT: a wash to 2 (FS) or +.20 whichever comes first
Final thoughts:
-Bad entry! I was chasing again. i think it was a bear trap as the stock gapped down looked weak at the open (enticing shorts to pound it) then it started to rip higher only to go lower.
-Idea that this stock is weak is still intact as, should have exited and reshorted at that pop (my exit)
-horrible trading here.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-06-28 09:37:02 | RGLS | sell | $2.570 | short |
2016-06-28 09:58:11 | RGLS | buy | $2.700 | 0 |
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