Intraday short breakdown. PAY was above lows when it "broke" so it doesn't entirely surprise me that it was so stubborn. It did end up working later in the day but it took FOREVER and would have required incredible patience. From my entry I would have been stopped out anyway at $18.07 just before 1pm as it suckered in its last longs before finally making the dive to $17.
500 shares
-$18.94 (-0.22%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-06-06 11:57:27 | PAY | sell | $17.902 | short |
2013-06-06 11:57:27 | PAY | sell | $17.900 | short |
2013-06-06 12:33:43 | PAY | buy | $17.940 | 0 |
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it really did sucker in those longs slightly above 18 lol. woulda been a nice Short when the 18 failed again. I got this on watch for Monday :3