I thought this was going to be a First Pullback play because of the strong momentum in pre-market due to a positive PR, but there wasn't a pullback back to a moving average, or resistance level. Go out once the "EMA" sandwich started to appear on the 2 min intraday. The stock tanked afterwards.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-27 09:42:23 | PRQR | buy | $7.950 | long |
2016-10-27 09:44:17 | PRQR | sell | $7.500 | long |
2016-10-27 09:44:17 | PRQR | sell | $7.500 | 0 |
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