Shared by
Boston
This stock had two huge up days the days prior, but it was over some important resistance, so I thought we could see a continuation. It was overextended on the daily chart so not too surprised it failed. I don't think I should have taken this trade because of how extended the daily looked.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-08-24 09:50:43 | MOMO | buy | $20.540 | long |
| 2016-08-24 09:54:53 | MOMO | buy | $20.490 | long |
| 2016-08-24 10:11:33 | MOMO | buy | $20.590 | long |
| 2016-08-24 10:17:13 | MOMO | sell | $20.380 | 0 |
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