This stock gaped down 7/2 and continued down. Then it started to consolidate and pull back however, it never broke the key level and came back down. Looking for continuation. Entry 25.47, scaled out 300 @ 25.32 with first pullback, scaled out 350 shares @ 24.98 at the next pullback then let the last 350 shares ride. I thought this stock was going to be an end of the day flush but it wasn't ready yet.
Profited $465
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-12 09:43:30 | LINE | sell | $25.470 | short |
2013-07-12 10:08:00 | LINE | buy | $25.320 | short |
2013-07-12 10:22:11 | LINE | buy | $24.890 | short |
2013-07-12 16:39:03 | LINE | buy | $24.850 | 0 |
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awesome patience and cover spots. sweet $ gains