Looking to short on cross of VWAP. Didn't flush out like I thought it would. Took the loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-19 12:27:47 | ACAD | sell | $6.440 | short |
2013-03-19 12:36:43 | ACAD | buy | $6.540 | 0 |
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too extended to the down side.. plus the daily chart was still in the zone of it wanted to breakout with tons of support underneath. remember stocks need air above or below to make big moves