Bear flag, shorted apex. Tight stop as multiple taps. Didn't flush so took the loss.
LESSON: LOOK TO REVERSE
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-14 10:15:36 | GTAT | sell | $15.100 | short |
2014-07-14 10:16:35 | GTAT | buy | $15.160 | 0 |
This looked perfect intraday and thought daily still had some room to 14 but no go.
the intra did look perfect! It had me until I saw how the tape was moving.
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Someone kept buy at 15.10 which kept me away as it kept reappearing but good management once again