The daily chart is ugly, yesterday it had a bounce back on volume and it gapped up this morning so I was watching for a short opportunity. It formed a multi tap break down pattern and sold half into the flush. It looked like a nice coiled bear flag after that flush but it ended up reversing so I sold last half at buy price.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-03 11:32:01 | MOLG | sell | $3.960 | short |
2014-12-03 11:32:01 | MOLG | sell | $3.960 | short |
2014-12-03 11:35:55 | MOLG | buy | $3.820 | short |
2014-12-03 11:35:55 | MOLG | buy | $3.820 | short |
2014-12-03 12:22:29 | MOLG | buy | $3.960 | short |
2014-12-03 12:22:30 | MOLG | buy | $3.960 | 0 |
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Worth a shot.