On my list because it gapped up. It had a big spike and tanked hard, so I was looking for shorts. It had a minor pullback to resistance and I shorted into it. I covered in the early afternoon but decided that was a mistake and reestablished the full size position into the end of day dump. I figured it wouldn't make it to 2 because it had been basing at that level for months on the daily, so as it got close I covered.
Stop: 2.41
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-13 11:15:13 | CNDO | sell | $2.340 | short |
2013-12-13 14:02:42 | CNDO | buy | $2.190 | short |
2013-12-13 14:09:02 | CNDO | sell | $2.190 | short |
2013-12-13 14:58:24 | CNDO | buy | $2.090 | 0 |
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