Play: Flag
Even though the market was weak, it didn't break down like most other stocks so it had some strength. Got in when it broke trend line but was a no go. Got stopped out.
Nice pattern except that it was a lunch trade. Should have waited closer to 1pm to get in and the market was weak which didn't help the cause.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-09 12:30:43 | WB | buy | $21.735 | long |
2014-09-09 12:36:31 | WB | sell | $21.600 | 0 |
this is true^. I had my eye on this all day but never saw a great entry.
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Looking at it's history seems like it ignites and then rolls.