Looking back at this trade on the daily, it was pretty obvious that it was running right into resistance on the 20 dma. Also bought to far from support when I thought it was bull flagging.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-12 11:50:21 | ACHN | buy | $11.630 | long |
2015-03-12 11:57:36 | ACHN | sell | $11.570 | 0 |
2015-03-12 12:03:39 | ACHN | buy | $11.640 | long |
2015-03-12 12:24:04 | ACHN | sell | $11.550 | 0 |
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