TSLA formed a daylong bear flag on 5 min chart,with room to fall to 50 dma on daily(253 area). SPY also has a bear flag look on the 15 min chart.
But stock was so stubborn just wouldnt crack.I actually tried to short it 3 times and got stopped all 3 times for minor losses.
I probably should have stopped after the second failure since stock was so stubborn - 3rd try was probably pushing it too far.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-22 12:57:06 | TSLA | sell | $258.880 | short |
2015-09-22 13:23:46 | TSLA | buy | $259.370 | 0 |
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