Longside short greakdown/gap fill. This stock looked very weak considering it couldn't hold its opening flag so I shorted as it cracked lows and tried to fill the gap. I got a pretty shitty fill on the cover so it was a bigger loss than I had expected, but only due to slippage. Regarding the entry I think maybe a $39.75ish entry would have been better, and cover into the little flush under $39, but then again hindsight is always 20/20.
400 shares
-$215.96 (-1.38%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-06-26 10:24:42 | SYNA | sell | $39.010 | short |
2013-06-26 10:24:42 | SYNA | sell | $39.010 | short |
2013-06-26 10:24:44 | SYNA | sell | $39.010 | short |
2013-06-26 10:24:44 | SYNA | sell | $39.010 | short |
2013-06-26 10:36:38 | SYNA | buy | $39.550 | 0 |
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slight dip below LOD followed by strength/buyers...my kind of buy spot down there!! What a gap up tho wtf