ANR 2500 shares
Daily, coming outta consolidation, 50 SMA is still above but looking for break of 5.90 flat top
Entry: 2500 shares @ 5.87 very close to support with MA’s directly underneath
Covered: 2500 shares @ 8.82 broke under MA’s
Loss: $125
Mistakes: This stock doesn’t trade smoothly, read daily wrong – this stock still needs to consolidate and wait until MA’s flatten out and go under.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-18 11:37:17 | ANR | buy | $5.870 | long |
2013-07-18 11:55:25 | ANR | sell | $5.820 | 0 |
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Not a bad attempt, it just needed more volume to come in to give it that push. It was out of juice from the previous run up