Reason For Entry
Went for the ORB on this one, chased it and then was stubborn and didn't just take my loss. It was holding the $3 level so I added a hundred shares for a possible break of HOD, but Being down already this was clearly a bad idea, there was really no pattern was just hoping.
Lesson Learned
On quick momentum plays, they're quick, don't try to overstay. Whenever a momentum stock shows weakness and doesn't have a clean pattern it usually fails. Get out take loss move on.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-01-26 09:38:33 | AVGR | buy | $3.250 | long |
2017-01-26 09:38:33 | AVGR | buy | $3.250 | long |
2017-01-26 09:47:58 | AVGR | buy | $3.100 | long |
2017-01-26 10:14:49 | AVGR | sell | $3.050 | long |
2017-01-26 10:16:37 | AVGR | sell | $3.050 | long |
2017-01-26 10:19:28 | AVGR | sell | $2.900 | 0 |
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