Shared by
JamesDover_BOWS
Stock had a big down day yesterday, I was hoping to catch it on a G/R move. I missed it because this stock was not on my top ~4 priority list. So I shorted this bear flag, and intended to cover half into LOD.
The problem is that on the Daily, there is support right under where this was falling. A bounce was almost inevitable.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-07-14 09:56:15 | RLYP | sell | $19.900 | short |
| 2016-07-14 10:26:18 | RLYP | buy | $19.960 | 0 |
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