I took this trade based on the conversations in the chatroom. It was tapping 10.30 multiple times (it has been doing this for a couple of days). Unfortunately, it didn't go.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-17 14:42:00 | OWW | buy | $10.350 | long |
2013-09-17 14:42:00 | OWW | buy | $10.350 | long |
2013-09-17 14:42:00 | OWW | buy | $10.350 | long |
2013-09-17 14:42:11 | OWW | buy | $10.341 | long |
2013-09-17 15:54:18 | OWW | sell | $10.295 | long |
2013-09-17 15:54:29 | OWW | sell | $10.295 | long |
2013-09-17 15:54:29 | OWW | sell | $10.300 | long |
2013-09-17 15:54:31 | OWW | sell | $10.300 | long |
2013-09-17 15:54:31 | OWW | sell | $10.295 | long |
2013-09-17 15:55:01 | OWW | sell | $10.300 | long |
2013-09-17 15:55:01 | OWW | sell | $10.300 | long |
2013-09-17 15:55:01 | OWW | sell | $10.295 | long |
2013-09-17 15:55:06 | OWW | sell | $10.291 | 0 |
Yeah this was a pretty bad trade. I took it because I was antsy to find something and I'd seen OWW tap this 10.30 the previous day. Also, there was a lot of talk about it in the chatroom which (I need to remember) is NOT a buy signal.
This might really rip though once it breaks over 10.30
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You bought right at resistance