Tried playing this one for a bounce earlier that didn't work. When I saw it bounce again lower and it started to crap out I decided to fade it. Target LOD. Sold first half just below the low. Good sell. Held thought a small bounce and sold last half just before the close. Happy with the trade overall. Showing myself that I can be a little more nimble and reading what the stock is showing me.
R/R 2/1
2.8R 1.56%
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-23 15:23:49 | FIO | sell | $10.890 | short |
2014-01-23 15:28:42 | FIO | buy | $10.740 | short |
2014-01-23 15:59:55 | FIO | buy | $10.700 | 0 |
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