Missed opening rip so waited for intraday P/B to previous day highs AND rising 9EMA. Started to bounce and rolled over so took off as scratch trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-25 09:52:09 | KNDI | buy | $8.590 | long |
2013-09-25 10:01:46 | KNDI | sell | $8.630 | 0 |
Not the best looking intraday chart..but it also never really broke support.. it bounce right off the 20ema on 5min chart
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The bottom fell out of this pb. Looks like a bit of heavy sell volume on the pb which causes the probability decrease.