I had entered this trade at the break of the 1min pullback. The trade went into a small 10cent gain, before crashing back down. On the weekly chart, we can see that this stock can not hold any of its gains, and it did not do it again on Friday. Took a 10cent risk and was hoping to reach the $6+ area. Down $50,- on this one
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-05-12 09:34:06 | CYCC | buy | $5.800 | long |
2017-05-12 09:35:52 | CYCC | sell | $5.700 | 0 |
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