Play: Double top
Stock was struggling to break out, big seller at 3.47 which it couldn't break out from. Got in when it started breaking down and anticipated the 20ema flush but didn't. Usually, this means it is ready to rip higher so took off at highs in case it ripped.
Reasons to sell: stop loss, didn't follow through double top
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-04 14:11:08 | RADA | sell | $3.360 | short |
2014-12-04 14:22:04 | RADA | buy | $3.460 | 0 |
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