This order caused the price to spike up $0.60+ (4%+), but then it came back down to earth in a matter of seconds as if nothing happened. Blink, and you could have missed it. Who knows, it could be all the algos, competing against one another.
|SBRA - 2 minute 2011-07-27|
This was more like a C+ setup, since it only had VWAP as resistance. But I took it for practice knowing the odds weren't as good. My stop was above the high of 15.20, and I'm fortunate that my fill was 15.30. I'd hate to be the person who got their buy order filled at the top tick of 15.83!