First red day setup on chegg- unforunately fell quite a bit premarket so this was somewhat of a chase - shorted at 15.12 on a small pop and placed stop above vwap at 15.25. Held this for over an hour and it held 15 multiple times without breaking down. Got out for a scratch essentially as I would rather use my capital to trade stocks with better range/opportunity
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-08-04 09:56:38 | CHGG | sell | $15.120 | short |
2017-08-04 11:32:28 | CHGG | buy | $15.080 | 0 |
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