Very strong move this morning on earnings. Broke 67.00, then seemed to pull back to that level; wasn't really a strong signal here, just pulling back on the 1-min, and it looked like there might be enough buying there to hold. Bought on the pullback.
Sold when the tape started to look different, and it felt like the buying had dried up, and it might come down. Literally a couple of seconds later, it dropped .25 - this was a great exit, and good for me for following my instincts when the tape felt wrong.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-17 10:30:55 | SNDK | buy | $67.010 | long |
2013-10-17 10:30:55 | SNDK | buy | $67.010 | long |
2013-10-17 10:32:03 | SNDK | sell | $66.980 | long |
2013-10-17 10:32:03 | SNDK | sell | $66.980 | 0 |
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