Stock was on my watchlist for a rubberband snapback. Exaustion gap at the open that reversed but I missed the opportunity. Sold into it once I saw 9 ema was below the vwap and was curling down on top of price. sold in once I saw price pulled back and a red candle was holding. Got in within a minute before the next candle opened. Price reversed again and I was stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-21 09:54:00 | PI | sell | $39.420 | short |
2016-12-21 09:56:00 | PI | buy | $39.970 | 0 |
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