Trendline formed from end of day yesterday and this morning. Stock opened down today and tried to go up but spiked up and straight back down. Another red candle later and the trend line was broken. I shorted there even though the 20ma was just underneath. Just a small position.
Covered half after a fifteen minute flush and moved stop down on rest.
Last half stopped out as I moved the stop down towards the price.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-19 10:15:00 | WLL | sell | $39.970 | short |
2015-03-19 11:02:00 | WLL | buy | $39.550 | short |
2015-03-19 11:20:00 | WLL | buy | $39.810 | 0 |
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