This is a Playbook play Gap and GO.
A small accumulation formed at the open, got long only 1/3 of full position since this play is not my A+ trade, there was pre-market resistance at 81,25 and the market medium and short term trend was down. I closed the position since it failed to form an uptrend making a lower low.
note:This play was a 10c risk, it would have worked with the t1/t2/t3 strategy.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-28 09:42:10 | GILD | buy | $80.910 | long |
2014-01-28 09:53:58 | GILD | sell | $80.800 | 0 |
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