SHORT INTRADAY POSITION: Bear flag/pullback to SMAs which are acting as resistance. Just broke flag too. I've placed my stop at $51.01, with targets at $50.60 and $50.25. Corresponding R/Rs are 1.6 and 3.8 respectively.
Hit first target before I finished writing that sentence. Took profit.
Added more at SMAs, but eventually got stopped out of position.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-21 12:37:00 | ROST | sell | $50.850 | short |
2015-08-21 12:39:00 | ROST | buy | $50.530 | short |
2015-08-21 13:25:00 | ROST | sell | $50.700 | short |
2015-08-21 13:29:00 | ROST | buy | $50.800 | 0 |
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