It looked like it was flagging on the intraday. It had been riding under the VWAP for a while and I waited for it to cross above as confirmation before I bought. Price didn't hold and immediately reversed. Setup was sloppy, I was anxious to get into a trade and forced it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-27 10:31:00 | ELTK | buy | $3.700 | long |
2013-11-27 10:37:00 | ELTK | sell | $3.470 | 0 |
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