Tried to hit this on the secondary move but I think I should of sold some shares into the first dip. This ended up being a wash.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-12 11:43:12 | FTK | sell | $24.030 | short |
2014-02-12 11:45:07 | FTK | sell | $24.050 | short |
2014-02-12 11:45:07 | FTK | sell | $24.050 | short |
2014-02-12 12:31:22 | FTK | buy | $24.040 | short |
2014-02-12 12:31:31 | FTK | buy | $24.010 | short |
2014-02-12 12:31:44 | FTK | buy | $24.040 | 0 |
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Fairly extended on entry, but the entry was pretty good and probably worth a shot. A dead cat bounce, found a top, you waited for confirmation, I'd say it's a good try.