"When I look at this chart now, the stock was too extended. It run from 2.48 to 4.11. This run need some kind of pulled back and or consolidation for some time. I rushed into it. I sold almost flat as soon as I realized that lower high is getting created and Moving avarages ware crossing over and down. Also the trendline that I created was broken. Too many things did not work out.
Stop: 3.62 (it did not hit my stop I realized not a good move )
Emotional trade, I saw it so much up so I saw it even higher in my head"
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-11 10:42:00 | OPTT | buy | $3.630 | long |
2014-02-11 10:51:00 | OPTT | sell | $3.640 | 0 |
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