Grade=D
SWING TRADE
Entry: pullback and some tight consolidation on the daily chart.
The result: So far we have seen a run down at the end of the first day. I'll be looking to see if 57.00 holds and where it goes next day. I've got a target of 65.
Got stopped out.
Now when I look at the daily char of the last few months, it does look more like a bear flag, but I was looking for the bounce at 55 and for the whole China sector.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-07 10:50:34 | WUBA | buy | $57.870 | long |
2015-08-11 10:40:34 | WUBA | sell | $55.390 | 0 |
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