Was looking for a break out above yesterday's high on the daily, but clearly 2-tappers are for losers =( Premarket was up so I was biased to the upside (although I missed the entire upside move). Took a risk-adjusted no. of shares. I though it looked like a flag that would break and bounce above the 9MA. Got out when the 'flag' broke below the 9MA.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-06-17 10:12:21 | X | buy | $18.500 | long |
2016-06-17 10:21:40 | X | sell | $18.400 | 0 |
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this is not enough of a pullback its not a 9ema pullback either and not a good time to do it.