3.55 seemed to be resistance. It was holding up really well with the market tanking. I thought the market was turning around and figured this could maybe break to new highs. I was just farting around, and I wasn't feeling super confident with the trade so I sold out flat.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-13 14:27:41 | AVNR | buy | $3.550 | long |
2014-01-13 14:27:41 | AVNR | buy | $3.550 | long |
2014-01-13 14:27:41 | AVNR | buy | $3.550 | long |
2014-01-13 14:48:51 | AVNR | sell | $3.560 | 0 |
Good exit, i would have just passed since nothing was going and it was a trend down day for index's.
i def see what you were going for, not a bad shot i would have done the same with the little perk there
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Way to practice. Good eye on that resistance point. And yeah, I also thought he market would turn around about that time too. What a wonky market today!