This was on my Gap down pre-market list.
An opportunity to practice shorting in the first 30 minutes of session using tight stop and small target price.
Used a .05 stop and .10 target for 2:1 ratio.
Built my case with 9ema pointing down below 20ema, volume favoring red.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-26 09:36:12 | SZYM | sell | $11.980 | short |
2014-03-26 09:37:20 | SZYM | buy | $11.880 | 0 |
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http://screencast.com/t/HjkXKHYgM