Bounce on the daily. There was a decent level at $19.30 on this on the 15 min chart, and it spiked right through it in the morning with extreme strength so rather than chase it I waited until it came back to near the breakout level and entered on the dip. Unfortunately it wasn't just a dip and like the POS it is it just kept going down. Needed to wait for a better setup.
300 shares
-$127.11 (-2.21%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-25 09:32:42 | INVN | buy | $19.396 | long |
2013-10-25 09:40:24 | INVN | sell | $18.973 | 0 |
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That 19 looked great for P/B entry. Hate when the MM's rape you like this.