At Old resistance from 2 prior earnings bo days.
Enter with 8x (1/4) risk over HoD.
Either over-extended/exhausted or ready to fade (afternoon)
Unclear on price-action. Flat. Commission burn.
WEEKLY_REVIEW: Price resistance is not enough to short. Need to anticipate
or see trend reversal.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-14 13:53:49 | YOKU | sell | $22.440 | short |
2015-05-14 14:04:11 | YOKU | buy | $22.440 | 0 |
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No signal there.
It may be at resistance but what is the signal to enter?