Play: Bear Flag
Stock was looking strong but news was BS. It started consolidating on support right under VWAP. Looked like it was going to squeeze but sellers kept it down so got short on panic. Scaled out in the flush.
Reasons to sell:scale out in flush
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-26 10:20:06 | SGOC | sell | $5.010 | short |
2016-01-26 10:21:43 | SGOC | buy | $4.860 | short |
2016-01-26 10:23:18 | SGOC | buy | $4.800 | short |
2016-01-26 10:26:40 | SGOC | buy | $4.650 | short |
2016-01-26 10:30:30 | SGOC | buy | $4.720 | 0 |
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