SHORT SWING POSITION: Bear flag, entrance near high. 20day SMA wrapping above. Stochastics and recent volume are bullish though, so taking a smaller position. I've placed my stop at $8.20, with targets at $7.68, $7.15, $6.92 and $6.69. Corresponding R/Rs are 1.0, 3.0, 3.9 and 4.8 respectively.
4/8/2015: Stock broke up 20% today as Chinese markets rallied big. All out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-08 09:56:00 | DSKY | sell | $7.940 | short |
2015-04-08 11:06:00 | DSKY | buy | $8.200 | 0 |
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