Shared by
youngcb1_BOWS
Dead cat bounce. Entered a short position with a stop at 38.10. Covered during the first spike downwards. The stock formed a bear flag. I should've sold more shares but I didn't. Once the stock broke down I just covered the rest of my position and ended up leaving some money on the table.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-24 10:13:00 | PAY | sell | $38.010 | short |
| 2014-12-24 10:23:01 | PAY | buy | $37.780 | short |
| 2014-12-24 11:45:15 | PAY | buy | $37.820 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!