Shared by
tonyt
a short swing trade. stock has been trading in a $56-64 channel. it had hit the top of the channel and started to pullback. looking for it to hit initial resistance at about $60 or 20dma.
stop = $64; target = $60
this did not break down as expected. instead, it reversed and stopped me out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-06-03 09:44:38 | FB | sell | $63.000 | short |
| 2014-06-05 12:05:21 | FB | buy | $64.000 | 0 |
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