This was my second trade in this stock. I saw it basing, low range on candles. It was above the 9 ema which was slopping upward. I saw the volume bar beginning to creep up and thought it would go.
Placed stop @ 3.18
Sold @ 3.28
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-25 11:46:02 | DARA | buy | $3.260 | long |
2014-02-25 11:53:37 | DARA | sell | $3.280 | 0 |
Hey oly_BOWS, tx for passing by.
I sold it because it wasn't moving. I didn't want to risk it reversing on me. So I bailed. At least that was my thinking during this trade. Please leave your input, I sure need it!
Thanks
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Was worth a shot.