Daily approaching support. Stop -.75, Target +3. At +1.50ish moved stop to B/E as looked to be rolling over. Can't be too bummed as had zero risk withing minutes, however i notice this happens a lot. Need to revisit how better to play this as ran over +5 from entry.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-25 10:53:26 | AMZN | buy | $349.300 | long |
2014-03-25 11:01:53 | AMZN | sell | $349.330 | 0 |
That is a great entry. Stop has to be below 349 on that. LOD for yesterday would have worked, although it is a lot of risk. Those intraday lows below all support are hard to play, especially something as high priced as this.
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Great entry! These are tough because of the spread and how much they move.