Saw this in chat and it looked to me as though it was ready to fail when it quickly pulled back from $106. I got in too late for a short but in all honesty - there was no real set up here. It was a complete gamble trade and I took a short play based on the weakness. I was up almost $100 in a few mins. then gave it back when prices moved higher.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-06 11:16:00 | GMCR | sell | $105.240 | short |
2014-02-06 11:20:36 | GMCR | buy | $105.100 | 0 |
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