QIHU Trade on Nov 17, 2014 15:16 from youngcb1_BOWS: Tradervue User Stock Trades.

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youngcb1_BOWS

 

I was playing this stock for a long bear flag. Once I entered a short the stock just consolidated the whole time. I had to cover my position since I had to shut down my computer. If I would've looked at the daily then I would've seen that the stock already hit bottom for the day and was only grinding upwards.


Execution detail:

Date/time Symbol Side Price Position
2014-11-17 15:16:58 QIHU sell $71.570 short
2014-11-17 15:40:09 QIHU buy $71.770 0


Comments

2014-11-18 15:59:39
 

50ma on daily chart is right below which will make it tough to short. Until it break that level I wouldn't look for short.

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