Formed a nice bear flag back into my original short entry at 38. Tried to reshort here, but held up well this time.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-09 14:02:31 | RTI | sell | $37.990 | short |
2015-03-09 14:02:34 | RTI | sell | $37.990 | short |
2015-03-09 14:23:18 | RTI | buy | $38.070 | short |
2015-03-09 14:23:19 | RTI | buy | $38.065 | 0 |
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I see you tried to short when it neared the previous breakdown area as a bounce back down. Maybe wait for more signals like being under the MAs as well before going for the bounce, but good job at keeping your risk to a minimum.