I longed instead of shorted on the first attempt so this was a little later then planned, but I kept the stop tight at 3.76. I couldh have bought in closer to the crack, but on the three minute it looks like a crack even now, so I think I was okay. I should have moved my stop lower when it flushed so I would have squeezed a little more out of it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-27 09:38:48 | CTIC | sell | $3.682 | short |
2014-01-27 09:38:48 | CTIC | sell | $3.680 | short |
2014-01-27 10:29:23 | CTIC | buy | $3.250 | short |
2014-01-27 10:59:58 | CTIC | buy | $3.350 | 0 |
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Hell of an entry!! On the last few shares, when you got another flush cover more shares into that $3 area.