CXRX long
-using VWAP as S
-Failed VWAP exit
-this stock is showing weakness (lower highs) after a big run intraday. There is no point longing this when it hasn't shown strength.
-it is very weak as it have continually broken support levels.
-A good long on this trade is a consolidation and then a higher low after the consolidation.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-21 11:41:40 | CXRX | buy | $5.019 | long |
2016-10-21 11:43:02 | CXRX | sell | $4.930 | 0 |
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