The 5 min chart was under the 20 and 9 ema. This stock started to go up near my stop so I got out thinking I could always get in again if it gave a definite pattern to trade. I anticipated this trade also. As I look at the pattern again, it looks more like a 50/50 chance. Next time I will pass on such a trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-10 12:01:54 | KKD | sell | $15.550 | short |
2015-09-10 12:21:33 | KKD | buy | $15.740 | 0 |
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