Perfect intraday flag break out that took out highs with volume and then fell on its face. This kind of action is typical of a range-bound, trendless market. Nothing I could really do here. I think it was a great setup and just didn't work.
2000 shares
-$79.60 (-0.63%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-27 14:52:31 | MHR | buy | $6.340 | long |
2013-09-27 14:52:31 | MHR | buy | $6.340 | long |
2013-09-27 15:22:07 | MHR | sell | $6.300 | 0 |
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Tuff break as the volume started coming in and looked good.