I was playing this as the pole of the bear flag when I shorted. This was really just a big fake out flush candle and the stock gapped back up the rest of the day.Regardless, I should not have made a short entry when I did even if it was going to bear flag out. Just a big mistake all around.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-22 11:00:16 | GPRO | sell | $13.890 | short |
2016-04-22 11:08:23 | GPRO | buy | $13.970 | 0 |
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