I didn't think about the daily chart enough. In my head I thought it gapped up into the gap but it was right into resitance. The stock also never really broke the VWAP. It had lots of signs that it was a short and going to break down yet I longed it and got stopped out almost immediately.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-08 10:07:03 | LULU | buy | $70.980 | long |
2016-12-08 10:13:55 | LULU | sell | $70.274 | 0 |
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