had a super tight .10 stop but looked to be the right move.. I knew it was either time for this one to go or not.
Update - now that I am looking at this.. its not a reversal. its nosetup
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-28 13:41:06 | ITMN | buy | $31.090 | long |
2014-02-28 13:41:06 | ITMN | buy | $31.090 | long |
2014-02-28 13:41:06 | ITMN | buy | $31.090 | long |
2014-02-28 13:41:18 | ITMN | buy | $31.090 | long |
2014-02-28 13:44:03 | ITMN | sell | $30.990 | long |
2014-02-28 13:44:14 | ITMN | sell | $30.990 | long |
2014-02-28 13:44:14 | ITMN | sell | $30.970 | long |
2014-02-28 13:44:14 | ITMN | sell | $30.970 | long |
2014-02-28 13:44:14 | ITMN | sell | $30.960 | 0 |
Gap up and fades. Don't think this is a high probable setup as has a lot of thin air below.
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What was your setup?