Shared by
sk6345
rubberband snapback on the previous day. when stock gapped down at the open I figured the down trend would continue. Unfortunately, I missed the breakdown pullback, so when I saw another one forming I wanted to enter and I did. It didn't work out.
should have known it wouldn't work out. it was over extended on the 30 minute chart and there really wasn't a setup on the daily providing a catalyst for a successful trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-05-03 10:26:00 | BRKS | sell | $25.420 | short |
| 2017-05-03 10:31:00 | BRKS | buy | $25.620 | 0 |
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