From gappers list.
Gap down below all major MA support on daily.
Had a weak run up and moved sideways on the MAs with 1 min chart.
Appeared the .70ish area was resistance and my trigger area was .60.
Shorted with .05 stop for a scalp.
When the move arrived into good RR sold all.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-29 09:47:11 | UCTT | sell | $9.590 | short |
2014-04-29 09:50:27 | UCTT | buy | $9.310 | 0 |
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Nice, too bad you did not leave some for the ride since it never gave you reason to sell besides of course hitting your r/r :)