Play: Flag breakdown
Stock was flagging above semi-round #, didn't seem to be able to bounce so thought it had a next leg lower. It didn't and squeezed. Lack of patience on this one hurt me. Had i waited for the squeeze and stuff, I would have had mental capital to enter it again. I also ignored the crack/remount of support. Should have gotten out right away as it means one more squeeze by chasers is coming. Wait for the lower high and stuff to enter it for the real move.
Reasons to sell: broke thight range
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-05 10:46:34 | CTRV | sell | $5.500 | short |
2015-10-05 10:48:16 | CTRV | buy | $5.800 | 0 |
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