I bought this into the flag but as soon as I did, it fell apart and I covered. There wasn't enough consolidation and it traded below the ema. If I waited two more minutes, I never would have taken the trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-13 10:17:54 | MBLY | buy | $49.240 | long |
2014-11-13 10:22:03 | MBLY | sell | $48.610 | 0 |
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thats not a flag.