Looked like a rubberband play on the daily. Saw weakness on the intraday, price moved under all moving averages. Thought the stock was going to tank especially looking at the SPY at this time, it spiked down and went right back up.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-01 15:26:44 | WPRT | sell | $34.740 | short |
2013-07-01 15:49:18 | WPRT | buy | $34.940 | 0 |
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it did look like that.. i might have been to extended but that 34.8 looked like big support if it broke it should have gone down.. i liked the setup it just didnt work