Shared by
tomr_BOWS
Dap-down to 52wk low on daily chart. Stock squeezed at open and then quickly faded. Took short position on confirmation of VWAP holding resistance on 3rd candle. Covered first half near LOD. Was impatient and covered second half too early leaving lots of profit on the table. Good entry but poor scaling out.
Gain: $82 (2.4%)
Shares: 100
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-05-09 09:40:06 | UBNT | sell | $34.760 | short |
| 2014-05-09 09:46:28 | UBNT | buy | $34.230 | short |
| 2014-05-09 09:49:07 | UBNT | buy | $33.650 | 0 |
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