I have been waiting for this to drop as it is extended on the daily. When it finally broke down through MA's I shorted, and covered into the drop. Wasn't a ton of movement, but it was a pretty easy and low risk trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-14 14:19:13 | OPTT | sell | $4.630 | short |
2014-02-14 14:23:49 | OPTT | buy | $4.500 | short |
2014-02-14 15:04:16 | OPTT | buy | $4.480 | 0 |
Got what you could out of it for an EOD scalp, good one. Good entry also.
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nice patience! excellent entry, perfect 1st cover.