I'm sure many will say I chased this. Thing is I waited since 11:00am for that HOD break with volume. It just did not follow through. It happens.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-22 13:49:21 | JRJC | buy | $8.110 | long |
2014-01-22 13:50:36 | JRJC | sell | $8.120 | long |
2014-01-22 14:09:58 | JRJC | sell | $7.960 | 0 |
Hard thing for some of these to break hod's in the afternoon, in this weird wonky market. Did you get in it around 11am? That would have been the bomb entry on that p/b and vwap bounce around! and yes, I would say you ended up chasing it - the best entry at that time was at $8
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I'm sure many will say I chased this. Thing is I waited since 11:00am for that HOD break with volume. It just did not follow through. It happens.
http://screencast.com/t/bXxhwDZtkQzJ