Not a smart trade at all. It was very overextended and didn't look like a long. Actually looked like a bear flag, but it was holding support at that level so I took a chance. As soon as a saw it was rounding the other way, I got out for a small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-07-07 10:29:12 | SCTY | buy | $24.670 | long |
2016-07-07 10:29:19 | SCTY | buy | $24.660 | long |
2016-07-07 10:38:42 | SCTY | sell | $24.610 | 0 |
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