Shared by
ckz8780
Daily breakout at $8.48. This was very extended going into the breakout and I figured it wouldn't have much juice so I really should have just scalped the whole thing at $8.59, but I also remembered the last time it looked like this going into the breakout it ran like 50c so it was kind of a crapshoot. to protect myself I took half at the high and stopped flat on the other half. Of course then it got stuck for like 4.5 hours and in the last ten minutes of the day it ripped 40 cents...haha! Nice trade management at least and made a cool 50 smackers...beer money!
1000 shares
+$47.13 (1.06%)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-10-21 11:40:53 | ARWR | buy | $8.500 | long |
| 2013-10-21 11:40:54 | ARWR | buy | $8.500 | long |
| 2013-10-21 11:40:59 | ARWR | buy | $8.500 | long |
| 2013-10-21 11:41:00 | ARWR | buy | $8.500 | long |
| 2013-10-21 11:41:00 | ARWR | buy | $8.500 | long |
| 2013-10-21 11:41:00 | ARWR | buy | $8.500 | long |
| 2013-10-21 11:56:50 | ARWR | sell | $8.591 | long |
| 2013-10-21 12:07:28 | ARWR | sell | $8.503 | long |
| 2013-10-21 12:07:28 | ARWR | sell | $8.503 | 0 |
Comments
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Ya, seemed extended upon entry.