Play: Bear Flag
Stock kept fading, couldn't bounce, got stopped out on the long side so thought it was a short after a failed bounce. It tried to remount 4 but failed so got short for the break down. I expected some type of follow through but when it didn't happen after a volume spike, i got out as i thought the green/red would have been defended so there might be one more squeeze.
Reasons to sell: no follow through
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-17 11:21:11 | OCRX | sell | $3.920 | short |
2015-11-17 11:41:08 | OCRX | buy | $3.940 | 0 |
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