Saw momentum towards previous highs and the pullback/bounce was an indication that the stock could continue to move up. Entered as the stock was broke $44.20 resistance area but it stopped at the new resistance level because that's where the high of the day was. There was a little indecision going on so I waited it out hoping that the stock would break through and create new highs going into the close. However, there wasn't enough volume on the upside to cause a break through. Once the stock dropped back down to my entry I exited. I ended up reversing my position and shorted the stock.
Execution detail:
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