"This stock was on my short list as it gapped down. The stock run up and when it started pulling back, I shorted it. Stock pull back to 53.90 and kept on coiling holding this level. Markets gapped down huge but after this as nobody expected run up very strong no allowing shorts to follow through. It took me some time to switch my mind from shorting (weak market) to long stocks (strong run up with big bars on NDX and SPX).
Stop: 54.30"
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-05 09:34:00 | JPM | sell | $54.120 | short |
2014-05-05 10:15:00 | JPM | buy | $54.320 | 0 |
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