Got into this a little impulsively as I saw it drop through the bear flag trendline off the 9ema. I don't normally take trades off the 9ema but it hdd hit the trendline five times and each down candle had good volume.
Broke lower almost immediately and I took a quick profit at the 200ma at 43.42.
I hadn't noticed this on the chart as TC200 and TOS show the 200ma at different levels and it's hard to know which one to pay credence to.
Stop moved to breakeven on rest.
Should have taken profit on full position at the 200ma, instead I gave a lot of profit back
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-25 13:10:00 | WWAV | sell | $43.520 | short |
2015-03-25 13:15:00 | WWAV | buy | $43.420 | short |
2015-03-25 13:33:00 | WWAV | buy | $43.510 | 0 |
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