Play: Flag
Stock had a PR, opened strong, pb and made lower highs but never flushed so thought it might have shorts trapped. When it broke its range, I got in for a HOD run or previous high. Started going and then stalled and failed hard. Got stopped out as had my stop at the 9ema.
Reasons to sell: 9ema crack
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-10 11:41:30 | CYRN | buy | $2.450 | long |
2014-12-10 11:47:54 | CYRN | sell | $2.410 | 0 |
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Pop and fade type day. Overall market was down trending. Had to short the pops.