I decided to play this bear flag with the 9EMA pushing it down. However the 50EMA pushed it back up so I exited.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-31 13:27:16 | OTEX | sell | $55.500 | short |
2014-07-31 13:31:45 | OTEX | buy | $55.450 | 0 |
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No setup there. Stock already drop from $57.