Another attempted squeeze play. I anticipated the $6.10 break and it just didn't happen. Junk trade I need to eliminate from my arsenal.
500 shares
-$133.83 (-4.66%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-09 15:24:22 | ARIA | buy | $6.060 | long |
2013-10-09 15:24:22 | ARIA | buy | $6.055 | long |
2013-10-09 15:39:04 | ARIA | sell | $5.790 | 0 |
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Totally thought this would move up after that huge gapdown as well. I know some people have rules 6-8 days they won't touch long after huge gapdown. Was worth a shot but i think your stop was too loose below support.