After the failed bull flag, I thought it was going to fill more of the gap. PR gave it some momo and stopped me out. Not a great set up, not enough juice going against the daily.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-01 12:07:32 | BCRX | sell | $4.970 | short |
2013-08-01 12:07:43 | BCRX | sell | $4.970 | short |
2013-08-01 12:08:48 | BCRX | sell | $4.965 | short |
2013-08-01 12:08:48 | BCRX | sell | $4.961 | short |
2013-08-01 12:08:48 | BCRX | sell | $4.965 | short |
2013-08-01 12:08:48 | BCRX | sell | $4.960 | short |
2013-08-01 12:08:48 | BCRX | sell | $4.965 | short |
2013-08-01 12:08:48 | BCRX | sell | $4.965 | short |
2013-08-01 13:11:36 | BCRX | buy | $5.050 | short |
2013-08-01 13:11:36 | BCRX | buy | $5.050 | 0 |
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I didn't thank BCRX was going to fall that much below $5, because of the support on the daily chart.