Gap down into support. I missed the big flush int he morning and was looking for other short entries. Ripped up 2 dollars gap Once it ripped upwards that aggressively the structure of the stock has changed and I can no long think of it as a short. This does not mean that it is necessarily a long but I needed to rethink about the stock and this is not one of my setups and I should have made this particular trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-01 12:00:12 | DG | sell | $72.606 | short |
2016-12-01 12:46:34 | DG | buy | $73.049 | 0 |
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