I was watching this as a short because it is pretty extended on the daily. When it failed to break through 9 I kept a closer eye on it, and shorted when it looked like it was breaking down. When it didn't really drop, I became uneasy with it and covered. If I had held with previous price levels as a stop I would have made a profit with this.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-14 14:16:10 | ARIA | sell | $8.890 | short |
2014-02-14 14:53:19 | ARIA | buy | $8.910 | 0 |
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Hard to short this as it gapped up and ran all day, especially after that big flag pole/pullback. You were understandably nervous.