Gapper on the daily. Was watching this stock for a long but since it faded I was tempted to short it on the double tap on support. AS soon as price hit support and moved under moved under 9EMA I entered. I learned in these market conditions its best to wait for setup to play out and then enter the trade and sell quick. In this trade I anticipated a breakout which failed.
800 shares
$-38.40
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-27 10:29:04 | CPRX | sell | $2.012 | short |
2013-08-27 10:35:00 | CPRX | buy | $2.060 | short |
2013-08-27 10:35:00 | CPRX | buy | $2.060 | 0 |
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