No reason to make this trade. Everything seemed to breaking down around the time I tried to short this so I thought I would give it a shot. It fell through supports but still had to break through VWAP, so I shorted before it tested it. In result, it bounced off the VWAP and I lost. Not worth my time or money. No setup.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-15 12:00:00 | HALO | sell | $13.540 | short |
2013-11-15 12:00:00 | HALO | buy | $13.600 | short |
2013-11-15 12:00:00 | HALO | buy | $13.610 | 0 |
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