Good risk management when the breakout failed.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-18 08:10:10 | BABA | buy | $110.400 | long |
2014-12-18 10:00:33 | BABA | buy | $110.760 | long |
2014-12-18 10:16:48 | BABA | buy | $111.110 | long |
2014-12-18 10:19:27 | BABA | sell | $110.530 | 0 |
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I see your setup, but It was to a bit extended going into resistance on daily chart. Monday or Tuesday might be the day it goes.