After this based out from the morning action, I shorted when it dropped below the MA's. I had a pretty tight stop on this, so it was low risk, although it was also lower probability as the stock was pretty stretched for the day. When the MA's began to turn up I covered. I almost longed it at that point, as it ended up I should have!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-14 12:46:07 | GALE | sell | $3.442 | short |
2014-02-14 13:34:38 | GALE | buy | $3.430 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
You said it -- it's already down almost 25% on the day at the point you shorted it.