Beaten down stock with a premarket gap. Couldn’t spike, broke under VWAP. Took the short with the stop at HOD. First target was 2.44 but covered at 2.47. Held the second half for the next move down. Still need to learn patience on that. Gave myself a C grade on exit because I did not follow my plan
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-20 09:34:44 | ARLZ | sell | $2.570 | short |
2017-03-20 09:39:30 | ARLZ | buy | $2.470 | short |
2017-03-20 09:41:50 | ARLZ | buy | $2.420 | 0 |
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