Daily shows a bull flag with the lower trendline at 66.04.
Price had made a high of 66.41 but then came down through the 9ema and 20ma on the 5 min chart.
I shorted it on a retest of the 20ma at 66.07, on lower volume.
Just a small position due to the price of the stock, with a stop placed just above the high of the day 66.43
OUCH. Volume came in just after I shorted it and took it up through the trendline from the daily, however it has stopped again so maybe this is just another test.
Stopped out right at the high again
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-29 13:08:17 | CE | sell | $66.080 | short |
2015-04-29 14:06:50 | CE | buy | $66.440 | 0 |
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