Entered this stock as a short play. I saw the stock break $5.85/support area and continue to drop. Once the stock hit the next support area it immediately popped up and I exited at the $5.85 area.
Looking back, my entry should have been during the $5.95 area once a small bear flag developed and I had a visible stop area above.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-13 15:32:55 | OREX | sell | $5.800 | short |
2014-11-13 15:45:46 | OREX | buy | $5.850 | 0 |
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