OSK Trade on Apr 30, 2015 10:06 from ToqueX: Tradervue User Stock Trades.

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ToqueX

 

Grade=D

The supposed setup: bear flag (but not really)

Was it really?: Obviously not with hindsight
Did it actually look like a bear flag at the time?: I'm not sure. Probably not because the stock is at support from the previous day and on a bull run. Continuation may have been more likely. (w/o the hindsight that is).
Furthermore, I can now see a rejection spike on the 5m chart which should have tipped me off that this was not a bear flag.


Execution detail:

Date/time Symbol Side Price Position
2015-04-30 10:06:30 OSK sell $53.800 short
2015-04-30 10:06:30 OSK sell $53.800 short
2015-04-30 10:13:03 OSK buy $54.030 short
2015-04-30 10:13:03 OSK buy $54.040 0


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