I decided to short VSLR because it was forming a bear flag and the overall market is having a pullback from session high. So far, VSLR seem to hold steady and it's not acting the way I want it too act, which is to go down. I'll give it another 15 minutes...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-13 11:05:47 | VSLR | sell | $12.280 | short |
2014-11-13 11:42:43 | VSLR | buy | $12.190 | 0 |
It didn't move fast enough and I had to go sleep since I live in Japan and had to do my reserve drill the previous afternoon so I was super tired. Would had held on a little longer if I didn't had drill yesterday.
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Decent entry, reason to cover?? Didn't break above 9ema