Earnings bresadown play. stock broke down from the open on bad earnings forecast. waited for stock to pullback to 9ema. went short here with 1st target of low of day. was having real trouble breaking 38 so decided to cover and take profits.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-10 10:27:34 | URBN | sell | $38.355 | short |
2013-09-10 10:27:34 | URBN | sell | $38.355 | short |
2013-09-10 10:27:36 | URBN | sell | $38.355 | short |
2013-09-10 12:00:58 | URBN | buy | $38.100 | short |
2013-09-10 12:00:58 | URBN | buy | $38.100 | short |
2013-09-10 12:00:58 | URBN | buy | $38.100 | 0 |
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Nice