I liked this play. Will be keeping an eye on this one.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-25 12:34:00 | FB | sell | $87.100 | short |
2015-08-25 13:34:00 | FB | buy | $84.950 | 0 |
9 EMA and 20 SMA were right above and there was no reason to get out right away. I don't get too impatient with stocks. I just let them do what they do. Honestly where I got out looked like a bear flag but it didn't hold.
picture perect entry
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Wow perfect! How did you have the patience to wait for so long and what was your reason to exit? Very nice!