In retrospect this was a dumb play. Though I was seeing FTBO on interlay but on the daily it is clear resistance from a few days back right above FTBO area. Tough to break through multiple levels. Again I managed to keep the loss reasonably small which is one of my top issues.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-12 11:02:42 | PRAN | buy | $6.500 | long |
2013-12-12 11:26:33 | PRAN | sell | $6.300 | 0 |
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