Bought into this as it bounced off the 20ma and through the 9ema and broke the trendline of the bull flag.
Seemed to show promise at first but then turned down.
Took a dive through my stop and I sustained a larger loss on this than I wanted to.
Edit. Just after I got stopped out it bounced back up and over my entry and would have given me a good profit.
Maybe I should have reduced my position size some more and placed my stop under the previous low instead of just under the 20ma and the most recent candles
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-25 11:22:00 | VBLT | buy | $7.290 | long |
2015-03-25 11:29:00 | VBLT | sell | $7.130 | 0 |
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