Gap down opening range breakdown. MAAAN this was a homer! Took it short as it cracked premarket bear flag. Kept my stop too tight and ended up getting wicked out. Had another opportunity to enter as it was dancing around 116.00 but didn't take it.
Lesson here: Always have the correct stops!!!
17 shares/ -$6
Stop: 116.3
Target: 115.7
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-23 09:36:12 | AMGN | sell | $116.000 | short |
2014-04-23 09:38:22 | AMGN | buy | $116.340 | 0 |
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