Play: Flag Breakdown
Stock couldn't break out, kept making lower highs but also higher lows. It had to go in one direction or the other. When it looked like it was going to rollover, I got in short for the fade and break of support but again, it just snapped and had to cover. Wanted to try and go long but wasn't fast enough and didn't want to chase at that point.
Reasons to sell: stop loss
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-27 10:24:10 | CYCC | sell | $1.650 | short |
2015-02-27 10:26:35 | CYCC | buy | $1.760 | 0 |
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