Setup - Thought it was bear flagging. Cut losses quickly.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-24 11:01:19 | UWTI | sell | $7.310 | short |
2015-11-24 11:01:19 | UWTI | sell | $7.310 | short |
2015-11-24 11:01:19 | UWTI | sell | $7.310 | short |
2015-11-24 11:01:23 | UWTI | sell | $7.310 | short |
2015-11-24 11:07:20 | UWTI | buy | $7.360 | short |
2015-11-24 11:07:21 | UWTI | buy | $7.360 | short |
2015-11-24 11:07:21 | UWTI | buy | $7.360 | short |
2015-11-24 11:07:24 | UWTI | buy | $7.363 | short |
2015-11-24 11:07:26 | UWTI | buy | $7.364 | 0 |
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I think it was a good try. But notice that you entered right on support from previous day. So odds are lower that it'll continue down so I think it was wise to exit quickly.