got lucky with the quick bouncee, but knew to get out flat since it was likely a dead cat bounce, and not a sustained trend since no higher low, still small gain
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-06-22 10:46:45 | SGY | buy | $9.650 | long |
2016-06-22 10:51:23 | SGY | sell | $9.890 | long |
2016-06-22 10:57:57 | SGY | sell | $9.650 | 0 |
made a head and shoulders pattern there with the neckline at 9.5 would of been a sick short. nice little buy off that support before it fell below and that level then became resistance.
ya now that you mention it that is one of the prettiest h/s setups ive seen, now im mad i didnt take that! haha
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made a head and shoulders pattern there with the neckline at 9.5 would of been a sick short. nice little buy off that support before it fell below and that level then became resistance.