From gappers list
Noticed that it couldnt break hod, crossed below MAs, and was making lower highs.
Entered at around the intraday support of 4.50ish anticipating it breaking below with stop of .05.
Moved stop until stopped out.
As I look back I lost confidence in trade when it began to move sideways and lunch time was near. If I had a left stop looser and was patient could have rode it on down making it a "day maker"
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-03 11:31:21 | AMRS | sell | $4.520 | short |
2014-04-03 11:49:56 | AMRS | buy | $4.410 | 0 |
Indeed.
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Right idea. Follow the trend.