Was looking to play an EOD squeeze, it looked as though it was breaking out of a long consolidation but then dumped and I stopped out for a small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-06 15:11:08 | FSLR | buy | $51.495 | long |
2014-01-06 15:11:08 | FSLR | buy | $51.500 | long |
2014-01-06 15:11:13 | FSLR | buy | $51.490 | long |
2014-01-06 15:11:15 | FSLR | buy | $51.490 | long |
2014-01-06 15:11:15 | FSLR | buy | $51.490 | long |
2014-01-06 15:11:15 | FSLR | buy | $51.490 | long |
2014-01-06 15:33:03 | FSLR | sell | $51.460 | long |
2014-01-06 15:33:07 | FSLR | sell | $51.470 | long |
2014-01-06 15:33:08 | FSLR | sell | $51.470 | 0 |
I can totally understand why you got into this one. The risk was minimal. It was sitting right on the daily price support too, not just intra-day support. Way to give it a try!
worth a shot. usually the first squeeze after the dump is the spot to get into. if it doesnt work and hold its better to look short
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I was holding long, too. It didn't move.