Number of tickets: 4
I had flagged this as a potential bounce. However, it looks like it wasn't quite ready to go on a run. It gapped up, pullback, and never recovered. I played it as a base breakdown. My sticking point lately has been buying before TRUE confirmation, so I chased just a few cents (and adjusted my position size accordingly) in order to get confirmation that it act truly broken support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-28 10:58:53 | SLCA | sell | $32.610 | short |
2013-10-28 10:58:53 | SLCA | sell | $32.630 | short |
2013-10-28 10:59:04 | SLCA | sell | $32.610 | short |
2013-10-28 11:24:50 | SLCA | buy | $32.330 | short |
2013-10-28 11:43:56 | SLCA | buy | $32.270 | short |
2013-10-28 12:05:08 | SLCA | buy | $32.430 | short |
2013-10-28 12:05:32 | SLCA | buy | $32.420 | 0 |
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That's nice.