Had to do it, extremely stretched from MA's. Low risk entry for a quick relief bounce to the 9EMA. Quick +2.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-08 11:01:57 | LNKD | buy | $220.300 | long |
2013-10-08 11:10:06 | LNKD | sell | $222.350 | 0 |
Good catch on the bounce. Looks like it still was in a good setup when you had exited. Perhaps, not a bad idea to keep a short leash in this market.
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Nice knife catching.