Attempted bounce play on the 15 min chart. I cut it a little soon but it ended up being the right decision anyway as it never really gave an indication that it was going to bounce so I guess I jumped the gun a bit on the entry.
500 shares
-$75.00 (-2.85%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-20 11:50:05 | IPCI | buy | $5.410 | long |
2013-11-20 12:33:21 | IPCI | sell | $5.260 | 0 |
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Seemed like the exhaustion top was in.