Shared by
Boston
This stock had low liquidity and wasn't the best MOMO stock. Small win, but got out when it looked like it had no momentum to it and it was turning around. Kind of a boredom trade and made a setup out of nothing. Stock was overextended on the 5 min AND THE DAILY. Not a good entry but I considered this a place for the pullback.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-03-06 10:21:53 | VBIV | buy | $5.990 | long |
| 2017-03-06 10:21:55 | VBIV | buy | $5.990 | long |
| 2017-03-06 10:22:02 | VBIV | buy | $5.990 | long |
| 2017-03-06 10:22:12 | VBIV | buy | $5.990 | long |
| 2017-03-06 10:45:48 | VBIV | sell | $6.070 | 0 |
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