Daily run into resistance, shorted the weak volume bounce. Stop -.70, Target +2, +3. Got stopped on retest of intraday high.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-14 09:42:29 | GMCR | sell | $116.700 | short |
2014-05-14 09:57:18 | GMCR | buy | $117.380 | 0 |
Reversion play. I shorted the day before and got stopped, this was a better setup on the low volume dead cat bounce to 117, but again was too early.
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What was your set up?