Chased the entry but shorted this on the break of it's flag. Moved higher then came back down a little. Scaled out half near the previous low and almost flat on the second half.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-21 14:28:07 | FEYE | sell | $35.400 | short |
2014-07-21 15:25:40 | FEYE | buy | $35.350 | short |
2014-07-21 15:33:15 | FEYE | buy | $35.460 | 0 |
Thanks Gena! Yeah I was hoping for a little more of a flush, but oh well hopefully next time.
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A few cents chase - entry probably 5-10c higher than where you got in. But was a good analysis. It definitely gave you a bear flag there. Tough one, possibly because market was reversing around that time too, so shorting was more difficult.