Short it as it broke the LOD but it didn't follow through so covered into the close for $ 30 profit
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-15 12:18:00 | CADX | sell | $7.960 | short |
2013-11-15 15:43:00 | CADX | buy | $7.930 | 0 |
It was a bit oversold at the time you entered, easy money shorting this was a bit earlier on those $8.70 and later on $8.20-ish break downs.
too extended probably at taht time...it had already droped a 1.50 at that point..
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I was waiting for a crack on this one late day, right around the time you covered, but it was too late otherwise I think we could have gotten a nice fade!