SHORT SWING POSITION: Looking at both a channel trade on the hourly chart and a bear flag on the daily. Strong day for the market had it break out of its range unfortunately and my stop was hit right away.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-17 14:59:00 | BLFS | sell | $1.850 | short |
2014-12-17 15:09:00 | BLFS | buy | $1.870 | 0 |
also there is not much downside of this or range for u take cash out of this trade.
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this is a thin stock its hard to really get into in and out.