I was watching this from my pre-market scan. It dropped from gap and then popped back and flagged. I was just a bit late on my entry, and only took a small position as a result. I should have sold into the pop, and probably would have unloaded half if I had a full position. When it fell back, I went ahead and moved my stop to the top of the first candle and exited basically flat.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-12 10:09:38 | MRIN | buy | $10.980 | long |
2014-02-12 11:01:25 | MRIN | sell | $11.040 | 0 |
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