Setup: Looking to hold the 50 SMA at $26.00 for a bounce.
Entry: Set a buy limit at $26.00 with a tight stop in case it didn't bounce.
Exit: Got stopped out as the stock didn't bounce and flushed with the rest of the market. I cant recall if I tried shorting, and whether this stock was hard to barrow on ToS.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-04 11:25:48 | MGM | buy | $26.000 | long |
2014-04-04 11:46:16 | MGM | sell | $25.800 | 0 |
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