This had a sizeable drop and grinded its way higher on relatively light volume. Caught it in a topping pattern when it was overbought to go short anticipating bear flag breakdown. Covered near lows and then when downward trendline was clearly broken.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-09 13:37:00 | BABA | sell | $82.330 | short |
2015-03-09 13:37:00 | BABA | sell | $82.330 | short |
2015-03-09 14:22:00 | BABA | buy | $81.670 | short |
2015-03-09 15:18:00 | BABA | buy | $82.050 | 0 |
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