Shared by
byers7181_BOWS
This has been my go to stock with bear flag, and green to red. The stock kept hitting resistance around $33.95 range, and I decided to play the red to green at the #33.92, and covered half, and got out because I need to do some work for my job.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-03-14 10:37:08 | BBY | sell | $33.939 | short |
| 2016-03-14 11:00:24 | BBY | buy | $33.720 | short |
| 2016-03-14 11:25:18 | BBY | buy | $33.630 | 0 |
Comments
byers7181_BOWS
I understand the green to red (wrong wording), but I was looking at the bear flag pattern which is what I was looking to do with the stock.
kunal00
I Like this setup on the intraday.. it was tricky because the daily was pulling back to support but it was due for a bit of a rollover
ur intraday bear flag was picture perfect u waited for a mini pop within the flag this was very good
kunal00
I Like this setup on the intraday.. it was tricky because the daily was pulling back to support but it was due for a bit of a rollover
ur intraday bear flag was picture perfect u waited for a mini pop within the flag this was very good
kunal00
this also shows a lot of strategical improvement.. see how ur covering into the flushes a week ago thats where u were shorting ! now ur shorting pops and covering the flush
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Not really an ideal setup on the daily, you really had a nice entry under resistance from previous day. Not a green to red though. Stock wasn't green all day.