Premarket gapper breaking on the day long consolidation setup (which was my first trade in this stock) basically parabolically. Then it started to flagging so I waited to see which way the flag will break. It broke on the dowside so I shorted and once I realized there will be no followup fade when it found the 20EMA support I covered my position.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-03 14:22:02 | LO | sell | $52.895 | short |
2014-03-03 14:22:02 | LO | sell | $52.895 | short |
2014-03-03 14:22:02 | LO | sell | $52.895 | short |
2014-03-03 14:30:07 | LO | buy | $52.645 | short |
2014-03-03 14:30:40 | LO | buy | $52.510 | short |
2014-03-03 14:33:36 | LO | buy | $52.760 | 0 |
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