SHORT SWING POSITION: Bear flag with the 50day SMA as resistance. Short-term stochastics overbought. Indecision doji yesterday. I've placed my stop at $1.46, with targets at $1.36, $1.29, $1.20 and $1.10. Corresponding R/Rs are 1.0, 2.4, 4.2 and 6.2 respectively.
4/2/2015: Hit stop, all out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-01 11:45:00 | ZGNX | sell | $1.410 | short |
2015-04-02 09:31:00 | ZGNX | buy | $1.460 | 0 |
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