Shorted on the flag breakdown once it could not pop over the MAs but no go, cut my loss early as soon as the higher low was made and seemed to be forming 1-2-3 setup on the long side.
NOTE:
Should not have shorted this one at all because there was no setup on the daily. It's been in an uptrend and forming flag so as soon as it pulled back to the low of the flag I should have expected the bounce on the long side instead.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-26 09:56:28 | FEYE | sell | $32.000 | short |
2014-12-26 10:15:01 | FEYE | buy | $32.150 | 0 |
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