Entry: Momentum down-trend; entered on slight pullback on 5-min chart, bear flag on 1-min chart. Scaled up on later pullback to rebuild position after taking profit.
Exit: Profit x 3, All out when turned up in last half hour of the day (I've seen too many stocks go on wild reverse runs in the last half hour, so exited to lock in profits - wasn't worth risking it).
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-17 15:12:35 | NEWL | sell | $0.3776 | short |
2014-06-17 15:22:34 | NEWL | buy | $0.3760 | short |
2014-06-17 15:23:32 | NEWL | buy | $0.3655 | short |
2014-06-17 15:26:25 | NEWL | buy | $0.3545 | short |
2014-06-17 15:29:25 | NEWL | sell | $0.3610 | short |
2014-06-17 15:42:17 | NEWL | buy | $0.3550 | 0 |
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