This was a good setup on the 5-minute chart for a 5-minute pullback on a stock that had been a former runner, but the only problem was a lack of volume at the time of entry. The stock only showed 50,000 shares of volume. Had to stop out of the trade. Lost $11.92 in net losses.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-12-08 09:38:12 | CBIO | buy | $7.850 | long |
2017-12-08 09:39:22 | CBIO | sell | $7.830 | 0 |
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