Started my position when I see this parabolic move, risking off the dollar mark $7 and covered into the washout. Then, I saw another parabolic move and risked off the same level, only this time I got faked out when it went to $7.05.
Lesson learnt here is to give the stock a little more leeway.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-02-17 09:49:37 | HIMX | sell | $6.921 | short |
2017-02-17 09:53:00 | HIMX | sell | $6.880 | short |
2017-02-17 10:10:11 | HIMX | buy | $6.830 | short |
2017-02-17 10:10:24 | HIMX | buy | $6.830 | 0 |
2017-02-17 11:01:06 | HIMX | sell | $6.971 | short |
2017-02-17 11:03:36 | HIMX | buy | $7.050 | 0 |
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