Sold $CIEN on break below 11.48. Above average volume on the day. Next support 10.70 then 9.50. Am maintaining a .50 trailing stop on this position.
Last week of the month/quarter and lots of window dressing. Also voting in Europe happening but I think it's been baked in here. Chance of a pop tomorrow. Position size light. Stop tight. May hold for only a few days.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2011-09-28 15:40:11 | CIEN | sell | $11.410 | short |
2011-09-28 15:40:11 | CIEN | sell | $11.410 | short |
2011-09-29 09:30:01 | CIEN | buy | $11.850 | 0 |
2011-09-29 09:30:01 | CIEN | buy | $11.850 | long |
2011-09-29 15:02:48 | CIEN | sell | $11.330 | short |
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