The epitome of chasing. No reason to enter a trade with this type of R/R where you're risking a 25 cent per share drop to the nearest support(VWAP, 20EMA, etc...) for the flimsy chance of a breakout over HOD happening in your favor.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-05-16 09:48:22 | IHT | buy | $3.620 | long |
2018-05-16 09:48:23 | IHT | buy | $3.620 | long |
2018-05-16 09:48:23 | IHT | buy | $3.620 | long |
2018-05-16 09:48:46 | IHT | sell | $3.300 | 0 |
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