I just went long here on too big of size and it then occurred to me that this was bear flagging. 9ema was pushing it down and looked as if it was going to crack the bounce area. Was also overbought on the stochastics. It put a hammer in and quickly reversed and I was stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-06 15:01:33 | UFS | sell | $45.024 | short |
2015-03-06 15:01:33 | UFS | sell | $45.025 | short |
2015-03-06 15:01:33 | UFS | sell | $45.020 | short |
2015-03-06 15:19:39 | UFS | buy | $45.460 | short |
2015-03-06 15:19:45 | UFS | buy | $45.424 | short |
2015-03-06 15:19:45 | UFS | buy | $45.430 | 0 |
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