Flag failed and got stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-22 09:57:13 | SPLK | buy | $45.200 | long |
2014-05-22 09:57:23 | SPLK | buy | $45.220 | long |
2014-05-22 09:57:23 | SPLK | buy | $45.220 | long |
2014-05-22 09:58:54 | SPLK | sell | $45.000 | long |
2014-05-22 09:58:55 | SPLK | sell | $45.000 | long |
2014-05-22 09:58:55 | SPLK | sell | $45.000 | 0 |
Yeah, definitely jumped the gun on this one. I was too anxious to get into something this morning.
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This candlestick pattern looked like a nice flag forming. Even if it hadn't broke down, I think you should have waited for another candle stick or two before buying. Just my opinion.