Nice flag breakout on the daily but then it started reversing back. Shorted on the dead cat bounce expecting the flush at least to LOD but instead got stopped out on the bounce.
NOTE:
Broke my rule of not shorting a stock on the first day of strong move on the upside.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-11 14:00:16 | TGTX | sell | $16.910 | short |
2014-12-11 14:07:45 | TGTX | buy | $17.210 | 0 |
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