Play: Bear flag
It flushed to previous 52 highs and clear support. Waited for it to break support to get in. Sold a bit fast but was a bit extended and was expecting more of a flush.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-16 15:31:53 | SINO | sell | $3.500 | short |
2014-09-16 15:33:31 | SINO | buy | $3.410 | short |
2014-09-16 15:45:59 | SINO | buy | $3.370 | 0 |
Yup. Was thinking if it breaks that support, it will flush a bit especially into the close.
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Seemed like you shorted right on a potential support at 3.5