Today's trade was a mix of luck and good execution, and was a previous learning experience paying dividends now. I leave for work around 9:30am which makes following the open (usually the best time to trade) damn near impossible. BRCD came out with some important info and opened well above its multi day resistance. It looked good to buy into, but where? Fist off, here was my trade, a limit order to buy long 350 shares @ 8.47, it filled while I was driving to work, here is the execution in all its glory:
Given this was a limit order, even in hindsight knowing exactly where the stock would find support I may not get a better entry! The real meat and bones for figuring this limit price came from looking at the premarket data, which paints a much more informative picture:
That's it for tonight, still looking for longer term shorting opportunities in a few days.
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