10% Gap down on open, $15 was the resistance, chased entry slightly on the flush under 15. Looked weak so increased position to 1200 shares. The spike back to the 15 level had me almost stopped out at 15.01, but hit resistance and came back to the .80's support level. No go, took the loss -$203.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-04 10:13:35 | OVTI | sell | $14.710 | short |
2013-12-04 10:28:33 | OVTI | sell | $14.760 | short |
2013-12-04 11:01:07 | OVTI | buy | $14.900 | 0 |
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Look like a chase.