Play: Bear flag
Parabolic on the daily, missed the first flush. When it started rounding out, I got in and waited for target. Happier about the discipline on this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-18 13:25:23 | VIMC | sell | $9.170 | short |
2014-09-18 13:32:01 | VIMC | buy | $9.020 | 0 |
haha great minds think alike (even though we did total opposites)! thanks, it sure was bouncing all over the place this one. I see your set up and it is also valid especially as it looked strong in the morning with good volume but the daily scared me to go long.
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I'd swear we were both posting watch lists! I traded this also, but took the long side after the bounce that you covered into. I wish I had picked it up where you covered, instead I was looking at a break of a longer term trend line. Your setup was better than mine! Nice trade.