Anticipated the flag breakout, but was over extended, and there was no momentum over the resistance, so I sold quick for a small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-03 10:08:26 | EYES | buy | $15.415 | long |
2015-03-03 10:08:26 | EYES | buy | $15.425 | long |
2015-03-03 10:11:39 | EYES | sell | $15.300 | 0 |
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It was already making lower lows and couldn't get over the ma's. That was also the congestion area it couldn't get past at the end of yesterday.