Took position at EOD when it closed strong. Thesis was that it could squeeze up, with little overhead resistance. Goal was to sell into a morning spike. Risk was tight at .80. Plan worked very well. Ideally I would have locked half into the first spike, but that makes little sense with this small size. Could possibly have gotten a better entry, but very good thesis.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-12-19 15:57:57 | EBIO | buy | $0.8202 | long |
2017-12-20 09:53:53 | EBIO | sell | $0.9050 | 0 |
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