ARBA trade on intra-day chart

This is the trade once I placed it today. What I saw was an intra-day downtrend in the stock that had been re-occuring throughout the day. The low on the day was $6.81 and the high was $7.09. I knew that catching the stock during one of these downtrends would get me in at the most competitive price for my 1,000 shares. We will see what happens tomorrow but look for a post later on tonight on my thinking and the strategy for this position taken today.


The Trade seen on my intra-day real time screen