Gapped up and looked extremely weak out of the gate. Got quickly rejected at 20 ema, then I figured sellers were stepping in here, found the short 29.07 and scaled out as it went down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-23 10:40:04 | IDCC | sell | $29.070 | short |
2013-12-23 10:40:06 | IDCC | sell | $29.090 | short |
2013-12-23 10:40:06 | IDCC | sell | $29.075 | short |
2013-12-23 10:40:09 | IDCC | sell | $29.070 | short |
2013-12-23 11:12:13 | IDCC | buy | $28.840 | short |
2013-12-23 11:12:20 | IDCC | buy | $28.840 | short |
2013-12-23 12:03:03 | IDCC | buy | $28.920 | short |
2013-12-23 12:03:11 | IDCC | buy | $28.910 | short |
2013-12-23 12:03:11 | IDCC | buy | $28.910 | short |
2013-12-23 12:57:07 | IDCC | buy | $28.710 | short |
2013-12-23 13:27:13 | IDCC | buy | $28.550 | 0 |
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Good job.