Play: Break of VWAP and unable to break resistance of Opening range
Had a very tight stop loss of 15cents.Was patient and waited for it to flush. It ended up coming back. Should have taken profit under 25 as the market was bouncing up and this is a strong stock.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-28 09:49:42 | ORMP | sell | $26.160 | short |
2014-01-28 09:49:42 | ORMP | sell | $26.220 | short |
2014-01-28 09:51:07 | ORMP | buy | $25.650 | short |
2014-01-28 09:55:04 | ORMP | buy | $25.350 | short |
2014-01-28 10:24:40 | ORMP | buy | $25.370 | 0 |
nice nice.
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Dang, nice eye. I was watching this for a continuation today but was all over the place so stepped aside. Great conviction short entry as you nailed that thing.