Squeeze zone play
After morning flush, ema's flattened, entered on break of 49.30 resistance with risk of 0.11. After scaling out some, stock stalled around entry price, so exited without any rationale. Should have set the stop and let the trade work itself out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-25 13:25:36 | SINA | buy | $49.300 | long |
2014-07-25 14:10:02 | SINA | sell | $49.400 | long |
2014-07-25 14:36:28 | SINA | sell | $49.330 | 0 |
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