Shared by
Driver42_BOWS
Short 10.69 stop 10.75
Stock tapped daily 200ma at 10.72 reaching 10.74 but without conviction. Fridays high of 10.79
Limit order to cover some at 10.55 (vwap). There is an area of support around 10.5 - 10.55 other wise it's all plain sailing to the south.
Bounce off 20ma and vwap as expected at 10.55 area.
Stop moved to 10.65 on remaining shares
Flag formed just above 20 and 50ma but then broke down quickly. Stop moved to 10.56, the bottom of the flag.
Stopped out rest 10.56
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-09 10:55:00 | EPE | sell | $10.690 | short |
| 2015-03-09 11:15:16 | EPE | buy | $10.550 | short |
| 2015-03-09 12:17:23 | EPE | buy | $10.560 | 0 |
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