Play: Bear flag
Stock had broken yesterday's support, wasn't able to reclaim it, flushed down and bounced into VWAP and started breaking down again. Got in short, started to go my way and a 15cent candle popped out of nowhere so got out. Not a smooth mover and got chopped up.
Reasons to sell: stop loss
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-15 09:59:53 | ZIOP | sell | $8.300 | short |
2015-01-15 10:02:42 | ZIOP | buy | $8.340 | 0 |
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