Bear flag play on this early morning fader as the whole market was red.
Better entry would have been at around $43.50 as it would have been going into red on the daily but still good profit as it broke another level of support at $43 and also broke 50 SMA.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-25 10:05:00 | LXK | sell | $43.090 | short |
2015-03-25 10:12:00 | LXK | buy | $42.850 | short |
2015-03-25 10:15:00 | LXK | buy | $42.640 | 0 |
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