Nice little scalp on AKS. They reported very strong earnings and the stock rallied premarket into the open. I was a little late to this party which is unfortunate because it would have been a much better trade had I gotten in when I first caught interest (around 6.40) but I'll know better next time. I was waiting for a pullback to buy but there simply wasn't one; when there actually was a pullback I hesitated and decided I would buy the breakout instead, which didn't give me an optimal risk:reward but I got lucky this time..my stop was VWAP which was around .58 or so and I lucked out once again when my hard stop missed by a cent, the stock then rallied very nicely and gave some clear exit signals so I took partials then eventually took the rest of the shares off
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-07-25 10:08:04 | AKS | buy | $6.680 | long |
2017-07-25 10:54:57 | AKS | sell | $6.800 | long |
2017-07-25 11:02:48 | AKS | sell | $6.780 | 0 |
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