bought on fake flag (only 2 candles) with 9 EMA close under. I have been waiting for a pull back on the daily to enter for a swing trade, but since the stock has been on a rise towards my target decided to try to enter for a day trade. Too late to the party today should have paid attention earlier in the day. ended up buying at the peak for the day before the price pulled back.
may continue to watch for potential "tea cup & handle" Tim Sykes setup on the daily just for shits and giggles.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-02 12:23:00 | CORT | buy | $6.490 | long |
2015-06-02 12:32:00 | CORT | sell | $6.430 | 0 |
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