$CBIO did a suckers gap and faded immediately, not really giving me a safe short entry since the range is pretty wide. I shorted when it began consolidating on the 1min, which gave me a way to gauge my risk. I added to the position on confirmation. Covered 75 shares near 14 as it was on support from the previous days trendline, held on to lotto shares that I covered at 12.53. Great trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-29 09:38:41 | CBIO | sell | $15.500 | short |
2017-03-29 09:40:27 | CBIO | sell | $15.120 | short |
2017-03-29 09:43:26 | CBIO | buy | $14.030 | short |
2017-03-29 09:44:51 | CBIO | buy | $14.320 | short |
2017-03-29 10:38:38 | CBIO | buy | $12.530 | 0 |
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