Swing trade: Playing the 20 SMA bounce setup. Set a buy limit of $77.00, with a stop at $76.5.
Target was $79.00.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-11 13:58:25 | SOHU | buy | $77.000 | long |
2014-03-11 14:24:49 | SOHU | sell | $76.500 | 0 |
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I would have stopped out at 77 since the came back all the way from top and 77 was a pivot area,