Spy was trending up. 6th day of a flat top breakout continuation on the daily. This should have been my clue not to long this stock. I actually had this on my watchlist as a rubberband short set up. But I wasn't paying attention to the daily and when I saw this stock remount the 9 ema after a failed flag breakout, I longed. Ended up getting stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-27 11:02:00 | VRAY | buy | $8.900 | long |
2017-03-27 11:07:00 | VRAY | sell | $8.810 | 0 |
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