Stock gapped up on FDA news but then sold off immediately. When it got to the 9ema it put in a green candle so I went long. But the stock had been flushing since it got there and made not attempt to bounce. I should have been looking at the stock for a short because of this or until it gave me a sign of strength.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-27 10:04:22 | IONS | buy | $55.390 | long |
2016-12-27 10:16:00 | IONS | sell | $55.120 | 0 |
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