Gapper, missed the inital run. Tried hitting this at the pullback to the VWAP when 9ema was at VWAP. Not sure what I missed on this one, please let me know what I am missing, it also was close to $ 4.00 support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-19 10:31:23 | OCLS | buy | $4.050 | long |
2014-02-19 10:43:57 | OCLS | sell | $3.980 | 0 |
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The stock was really extended here - it went up almost $0.80 -- on a $3.50 stock (that's over 20%). Needed to chill. I do this regularly. Looks so good on entry, but doesn't go because it's extended.