Play: Flag Breakdown
Stock kept going higher, breaking out, consolidating breaking out until it got stuffed at the 200sma on high volume so thought a change of trend could happen. It flagged right after the stuff and when volume came in on the bid, i got short expecting a breakdown. Took some in the flush but then held and got stopped out at buy price. It ended up squeezing one more time.
Reasons to sell:flush, scalp, buy price
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-05 10:32:30 | IFON | sell | $1.900 | short |
2015-11-05 10:32:54 | IFON | buy | $1.860 | short |
2015-11-05 10:35:05 | IFON | buy | $1.880 | 0 |
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