This setup was just wrong all the way around. This stock's daily chart wasn't the cleanest and had some mess kind of everywhere. It was over extended on the daily chart, and really over extended on the intraday chart. I took a little consolidation at the top, but it needed a bigger pullback to even consider a long. But with it being that over extended and not the prettiest daily chart, it was not a long signal.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-14 10:15:49 | DRWI | buy | $2.150 | long |
2017-03-14 10:18:18 | DRWI | sell | $2.050 | 0 |
2017-03-14 10:35:26 | DRWI | buy | $2.000 | long |
2017-03-14 10:36:09 | DRWI | buy | $2.000 | long |
2017-03-14 11:06:20 | DRWI | buy | $2.050 | long |
2017-03-14 12:02:55 | DRWI | sell | $1.900 | 0 |
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