Was shorted; reversed position as it broke through MAs on heavy volume, thinking it had found bottom. It reversed and I donated.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-14 14:19:19 | HIMX | buy | $9.620 | long |
2014-04-14 14:22:55 | HIMX | sell | $9.550 | 0 |
I was shorting this thing, got stopped out at 9.63, then it tanked on the next candle.
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I tried to play this for a reversal as well instead of sticking to the down trend.