This stock was flagging but was super extended on daily. It didn't look like it was gonna hold and the selling pressure seemed on. I shorted it at 1245 and it broke ema shortly after. covered as it went down. could have held longer, still working on my shorting abilities.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-04 11:15:34 | MXWL | sell | $12.450 | short |
2014-03-04 11:15:34 | MXWL | sell | $12.450 | short |
2014-03-04 11:33:21 | MXWL | buy | $12.380 | short |
2014-03-04 11:46:11 | MXWL | buy | $12.300 | short |
2014-03-04 11:48:12 | MXWL | buy | $12.230 | 0 |
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Like the entry. Like you side need to work on the scaling out part.