Big B/O on daily. Was watching for a red to green play. Nice p/b and bounced. Long with a -.15 stop for new lows. Once was filled noticed that it just sat and didn't move like it should have.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-05 09:45:40 | AXL | buy | $20.940 | long |
2013-08-05 10:52:23 | AXL | sell | $20.860 | 0 |
Man, don't have enough experience to give a helpful comment on this one. Perhaps just a comment, sans the helpfulness? Lol
My only concern with this is that it had extended itself a good amount the prior day. Once it had a small gap and crap, may have been an indicator this puppy was showing a little weakness. The small push it had between 9:45 and 10 also had decreasing volume from the buyers. Combine those things with the losing battle with the EMA9 and VWAP and maybe could've exited a little early breakeven.
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frieday there was a pullback buy at the open that was setup up properly thats the setu you want. todays there was no setup