PLAY: Bear Flag
Stock was downtrending, any bounce got sold off, that stuff at 2.7 was key, waited for some type of bounce and when volume came in, i got in short for follow through to LOD. It had cracked so thought it should downtrend but held, couldn't get partial out as wasn't getting filled at 2.32 and got out flat as it could mean it wasn't to breakdown to LOD yet.
Reasons to sell:no follow through, did not want to hold during lunch
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-10 11:37:26 | SPHS | sell | $2.400 | short |
2015-11-10 11:42:04 | SPHS | buy | $2.400 | 0 |
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