No clear pattern. Was frustrated.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-02-26 11:14:41 | NFLX | buy | $96.110 | long |
2016-02-26 11:31:20 | NFLX | sell | $95.620 | 0 |
2016-02-26 11:32:07 | NFLX | buy | $95.780 | long |
2016-02-26 11:33:58 | NFLX | sell | $95.670 | 0 |
2016-02-26 11:38:08 | NFLX | buy | $95.900 | long |
2016-02-26 11:56:42 | NFLX | sell | $95.820 | 0 |
Thanks Griffenn, I can deff see where you saw a flat top, my bias on this stock was long as well.
But there seemed to be many more short opportunities than long after the open.
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Personally I don't think it was a bad trade. I think a lot of people saw a bear flag, which obviously was a better perspective but I thought it was going to break this top with the higher lows. I guess looking back it wasn't a perfect flat top and they were lower highs by a bit.
https://gyazo.com/f68ddc0ce4e1bcc4d75e47a2ae1ae7b7
Even in that consolidation faze there was a lot more green volume.
Good job stopping out as it started to break down.