PLAY: Flag
Had some news come out, missed the first pb then based and started ripping breaking round #. These can be powerful so took it but didn't go anywhere and stalled at HOD. Wasn't able to peel some off to decrease risk. Stopped out when breaking that mini base.
Reasons to sell: broke mini support which i was basing myself on
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-04 10:12:30 | JRJC | buy | $7.990 | long |
2014-12-04 10:18:44 | JRJC | sell | $7.870 | 0 |
You are right,had FOMO on that one..up 1$ at this point, need to wait for it to correct via time/price
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It was to extended from the big move first thing at the open, so usually you need a deeper pullback with some basing action to work off those overbought condition.