Nice, long consolidation/bull flag right under $10, the HOD, and the 52 week high. Normally I wouldn't throw anything at the anticipated break of such a big resistance level but the risk was so small I gave it a try. It made it to $10.03 before breaking down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-24 11:28:24 | MTOR | buy | $9.980 | long |
2013-12-24 11:52:25 | MTOR | sell | $9.930 | 0 |
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lunchtime breakouts tend to fail usually a good spot for quick countertrend short