20ema(3) resistance with a bear flag - (5c/20c Risk/Reward) - looked like the 20ema was resistance, so i took a short. it would pop down a few cents but kept popping right back up to 20ema. that has happened to me a few times only for stocks to break to the upside. it was late in the day, so i took whatever profits i could get.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-30 15:20:43 | COMM | sell | $29.583 | short |
2015-04-30 15:20:43 | COMM | sell | $29.580 | short |
2015-04-30 15:46:21 | COMM | buy | $29.540 | short |
2015-04-30 15:46:22 | COMM | buy | $29.540 | short |
2015-04-30 15:46:22 | COMM | buy | $29.540 | 0 |
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