Shared by
singham_BOWS
Daily: pr breakdown
Intraday: bear flag
As it was making lower highs, entered in anticipation of break of opening range, but it held lows and squeezed higher. Could have entered near the top of range to minimize risk.
Intraday: day long consolidation
After morning squeeze, stock was in downtrend with emas pointing down. Entered on a little spike in anticipation of flat-bottom breakdown at 15.10. Stop was at recent high 15.23, probably a little tight.
Tried again on break of 15.12 price support in anticipation of LODs, risk was .08; added more on break of 15.10, moved stop to 15.16, stopped out again.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-07-14 09:59:02 | GTAT | sell | $15.100 | short |
| 2014-07-14 10:22:50 | GTAT | buy | $15.270 | 0 |
| 2014-07-14 14:10:51 | GTAT | sell | $15.160 | short |
| 2014-07-14 14:23:27 | GTAT | buy | $15.230 | 0 |
| 2014-07-14 14:51:07 | GTAT | sell | $15.110 | short |
| 2014-07-14 15:17:06 | GTAT | sell | $15.100 | short |
| 2014-07-14 15:30:45 | GTAT | buy | $15.160 | 0 |
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