Bought on a little pullback to 5, after having a morning spike after a big uptrend from 4-ish p/m, as well as a big gap up. I was risking the 4.80, opening price, and at least cut losses immediately after it broke. My thesis was that it could run, because of the hot biotech sector. Goal was to sell into whole and half dollars into a continuation of the run.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-09-11 09:34:28 | MRNS | buy | $5.020 | long |
2017-09-11 09:45:24 | MRNS | sell | $4.770 | 0 |
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