Sold half for about about .20cent profit. Then I raised my stop a few cents to high. I knew it was a touch high when I raised it and sure enough I got stopped. Kunal told me to but my stops's 3 cents lower then I think last week. I really need to do that.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-16 10:24:17 | ACRX | buy | $9.430 | long |
2013-12-16 10:24:17 | ACRX | buy | $9.430 | long |
2013-12-16 10:32:54 | ACRX | sell | $9.600 | long |
2013-12-16 10:38:25 | ACRX | sell | $9.400 | long |
2013-12-16 10:38:25 | ACRX | sell | $9.400 | 0 |
Good entry after the first pullback though. That 9.60-9.70 area of resistance from today may provide a good support to bounce off tomorrow. It's still about 2 bucks away from its high.
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I see you used the 9ema as your entry, i dont use the 9ema yet but our entries were similar