Grade=C-
This looks like an okay setup as a bear flag and the stop was fairly appropriate and tight. It just didn't work out. I'm not sure what I could have done. If I had waited I might have thought it was starting to resume a run up.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-26 10:28:10 | QUNR | sell | $39.000 | short |
2015-03-26 10:32:01 | QUNR | buy | $39.120 | 0 |
Yes, that would have been a great one. I need to be looking for those and not watching too many different stocks.
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I think the entry should have been just before 10amat about 39.30