Stock was pulling back after such an extended run off of earnings. This was the second day of the snapback, and I shorted it on a Green-to-Red move. Covered quickly into the volume spikes. I didn't want to hold it too long, as it is a countertrend trade. Still, the lotto was sold too soon.
*Could have re-shorted that bear flag when it pulled back to the 9 EMA & VWAP.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-16 09:30:23 | AMZN | sell | $709.750 | short |
2016-05-16 09:31:03 | AMZN | buy | $708.780 | short |
2016-05-16 09:31:50 | AMZN | buy | $708.120 | short |
2016-05-16 09:32:29 | AMZN | buy | $706.970 | 0 |
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