Shared by
Boston
I had FOMO on this stock and I was really trying to wait for a pullback or flag to get into to get some action on this stock.. Unfortunately, by the time this decided to consolidate sideways, it was too overextended to keep the move going. I ignored the fact and got in full size and lost twice.
I was really cautious about the $3.00 level and wanted it to break that before I got long otherwise I would of been longing into resistance. But by the time it broke that level, it was too late.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-05-10 09:38:59 | MTBC | buy | $3.570 | long |
| 2017-05-10 09:39:01 | MTBC | buy | $3.570 | long |
| 2017-05-10 09:39:26 | MTBC | sell | $3.340 | 0 |
| 2017-05-10 09:41:48 | MTBC | buy | $3.600 | long |
| 2017-05-10 09:43:18 | MTBC | sell | $3.520 | 0 |
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