HOD rejection. Stock started to look like it was rolling over and I decided to grab it at the round number break. It did hit $53.50 so it gave me 2R but I didn't really want to exit there as it looked like it could continue all the way back down to lows. I exited the trade as it got stuck near the 50dma and failed to break the 3rd tap of that .50 area. Nice trade overall even though it didn't work.
500 shares
+$120.00 (0.45%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-14 11:35:44 | KSS | sell | $53.990 | short |
2013-11-14 12:48:06 | KSS | buy | $53.750 | 0 |
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Nice short off the 54 rejection.