stop: 89.15
breaking bear flag, found via momo scan - TICK negative and TRIN over 1.1
scaled out half at 2R
as it approached 88 watched it but then spread exploded and stock popped so I held short. Then it retested 88 and I was greedy and held again, then it reversed hard and I held it into breakeven
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-17 10:17:49 | KORS | sell | $88.870 | short |
2014-06-17 10:39:48 | KORS | buy | $88.290 | short |
2014-06-17 10:59:34 | KORS | buy | $88.900 | 0 |
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Nice.