Callout from Kunal. Bounced off moving average on the daily, so it ran all day. Also a hot industry, so SCTY was running with the other solars. It flagged and set up for a triple tap breakout.
As usual, it retested MAs. I didn't respect my stop (just below 53.00). so I took the loss. Either way, it wouldn't have been worth the risk since it didn't move very much after my exit. But still... I need to respect my stops
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-10 13:47:39 | SCTY | buy | $53.540 | long |
2013-12-10 13:48:50 | SCTY | buy | $53.520 | long |
2013-12-10 13:58:05 | SCTY | sell | $53.160 | 0 |
2013-12-10 14:30:51 | SCTY | buy | $53.460 | long |
2013-12-10 15:37:06 | SCTY | sell | $53.550 | 0 |
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good advice