I took this as a swing. It was oversold and has been pulling back for over a week. On the 30-minute chart, it looked like it had held the 20dma. I set my stop at the bottom of that low candlewick.
I exited too early and was unable to take any profits from this. I didn't honor my stop and exited at what turned out to be the bounce spot. It went up 10 cents soon after.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-23 14:41:10 | AFFX | buy | $5.970 | long |
2013-09-23 14:41:10 | AFFX | buy | $5.970 | long |
2013-09-23 14:41:57 | AFFX | buy | $5.970 | long |
2013-09-23 14:42:31 | AFFX | buy | $5.970 | long |
2013-09-23 14:43:10 | AFFX | buy | $5.970 | long |
2013-09-23 14:44:20 | AFFX | buy | $5.970 | long |
2013-09-23 14:44:20 | AFFX | buy | $5.961 | long |
2013-09-23 14:49:25 | AFFX | buy | $5.980 | long |
2013-09-24 11:29:42 | AFFX | sell | $5.940 | 0 |
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