I had no business trading this. Fortunately I kept the damage very small.
I saw this on my intraday momo scan. I decided to ignore the lack of any decent daily setup just on the basis of "momo". I bought a very hard pullback to the intraday mas and got out later as it cracked a fat pennant and mas turned down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-03 10:27:52 | WPCS | buy | $1.720 | long |
2014-02-03 12:57:07 | WPCS | sell | $1.700 | 0 |
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