Play: Bear Flag
Stock held 6.9 so expected it to keep trading higher but every push kept being sold off back to LOD which means sellers were in control. When it started to consolidate right above 6.9 and couldn't bounce, i got in for the break down. Didn't take enough size and took the whole gains as it flushed so quick but could have scaled out.
Reasons to sell:flush
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-20 10:18:09 | ERII | sell | $6.900 | short |
2015-10-20 10:18:48 | ERII | buy | $6.660 | 0 |
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