another revenge trade, very bad :C
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-02-05 13:19:24 | HBI | sell | $25.170 | short |
2016-02-05 14:13:31 | HBI | buy | $25.130 | 0 |
If you go back to mid to late 2014, you can see that 25 was a really important level for this thing. So the idea was good. It just kind of flatlined toward the end of the day and didnt snap like you wanted. That happens sometimes, just make sure you keep it on your list for the next morning because the setup can still be valid
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I took virtually the same trade. The triple-tap breakdown look was there - I just don't like it around the big $25-mark. Fwiw, the next day saw the big flush.