I got in too early on the short and got stopped out. I noticed after this huge run up this stock was pretty extended, and I saw huge resistance around the .71 mark. Although the resistance held, I set my stop too tight and got stopped out twice. The first was a bad entry.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-20 12:13:00 | UNTD | sell | $15.410 | short |
2014-02-20 12:14:00 | UNTD | buy | $15.700 | 0 |
2014-02-20 12:16:00 | UNTD | sell | $15.610 | short |
2014-02-20 12:18:00 | UNTD | buy | $15.800 | 0 |
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