broken down on 100 day MA yesterday and follow through today. Noticed it after it tried to retrace back up and failed. Entered at what see like a failed support. (It bounced after I entered. bad entry) Patiently waited since it made lower high then covered before market close.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-01-11 15:00:00 | ELN | sell | $10.330 | short |
2013-01-11 15:59:00 | ELN | buy | $10.340 | 0 |
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im not sure you had a real setup here. the 5 minute shows a pullback where you shorted but not really a crack or anytype of pattern