I picked this up from my morning gapper scan. I waited for it to pull back to 9 EMA support on the 5 minute, and bought in. I set my stop at 2.67 based on the EMA support. This ended up breaking down pretty quickly and stopped me out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-17 10:13:10 | ARQL | buy | $2.750 | long |
2014-01-17 10:22:11 | ARQL | sell | $2.670 | 0 |
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