Shared by
firesky_BOWS
SHORT SWING POSITION: Bear flag formation on the daily. In at top of flag. Stop placed at 1.42 with targets at $1.21, $1.13, and $1.01. Corresponding R/Rs are 1.3, 1.9, and 3.6 respectively.
12/12/2014: Hit the first target, sold some for profit. Moved stop to $1.31.
12/15/2014: Hit second target, sold some for profit. Moved stop to $1.20
12/16/2014: Went back up to stop. All out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-09 14:40:00 | IFON | sell | $1.330 | short |
| 2014-12-12 14:14:00 | IFON | buy | $1.210 | short |
| 2014-12-15 14:43:00 | IFON | buy | $1.160 | short |
| 2014-12-16 09:36:00 | IFON | buy | $1.200 | 0 |
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