Shared by
Boston
This stock had a small consolidation right at the open on the 1 minute chart. There were big wicks on both sides which made this not very clean. It started popping so I got long and I was chasing. I knew I was chasing so I got out literally 12 seconds later. Luckily, this made a little move and I was right about the trade, but I still was chasing and the setup wasn't very clean. So this isn't something I would take again.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-05-22 09:33:21 | CMCM | buy | $12.180 | long |
| 2017-05-22 09:33:33 | CMCM | sell | $12.330 | 0 |
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