The stock gapped up, crossed the 50dma.
When it took out the opening highs, I went long. I thought it had more room to go even though it was extended. Oops. I took a little off the top so that way I was risking less. Any additional thoughts?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-01 10:02:19 | QIHU | buy | $105.010 | long |
2014-04-01 10:03:02 | QIHU | sell | $105.320 | long |
2014-04-01 10:17:57 | QIHU | sell | $104.060 | 0 |
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