Took a starter position on the $6 break expecting it to bounce a bit where I could add more risking the HOD. Never got the chance to add as this thing was basically straight down. Really should have been looking for the secondary opportunity after the 20sma reject at around 10:30 since this was an all day fader.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-09 09:34:00 | SGYP | sell | $5.970 | short |
2016-12-09 09:47:00 | SGYP | buy | $5.570 | short |
2016-12-09 09:48:00 | SGYP | buy | $5.490 | short |
2016-12-09 09:51:00 | SGYP | buy | $5.510 | 0 |
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