Play: Bear Flag
It couldn't break and HOD so i thought it was a short. It didn't give a solid entry so i wanted for the bounce. I wanted to get in a starter but wanted to see some type of weakness. Not a great entry as a starter should be closer to support/resistance to keep it a small loss. When it stuffed at 6.6, I should have entered and been patient but waited to long to enter. It was still a small position so could take some heat. It held and then squeezed way past my stop. Tried to give it till HOD as it failed but it was holding so got out for bigger loss than wanted which is very frustrating.
Reasons to sell:squeeze
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-24 09:51:36 | CNAT | sell | $6.380 | short |
2015-09-24 09:58:33 | CNAT | buy | $6.750 | 0 |
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