LONG SWING POSITION: Bull flag pattern with 20day as support. That's essentially it, as other indicators are neutral. Stop placed at $50.99 with targets at $53.00 and $53.55, 2.0 and 2.9 R/R respectively.
9/4/2014: That base in the flag didn't work out and broke down the day I bought in, today it broke down further and hit my stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-02 11:27:00 | CSTE | buy | $51.650 | long |
2014-09-04 10:23:00 | CSTE | sell | $50.990 | 0 |
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