Stop 27.48
Everything seemed to be lined up on this.. even though it had trended down.. Big up in the morning, was pulling back. sitting right on the VWAP on the 5min and the 8EMA on the 30.
Was hoping it would bounce back up and it didn't go. Did come up and test the other 5 min MAs a few times.. I shoudl have sold sooner but kept hoping it would go...then it finally broke down.
Also should have waited for confirmation of the bounce over the MAs
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-03 13:31:55 | OMED | buy | $28.500 | long |
2013-12-03 13:31:55 | OMED | buy | $28.500 | long |
2013-12-03 14:12:53 | OMED | sell | $27.330 | 0 |
bounce off the vwap... need to wait for it to bust through MAs for confirmation though.. lesson learned.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
It was bear flagging under em's. What made you go long.