I broke one of my rules of longing into resistance.. I deserved to lose on this one. I ignored the level because of the bull flag formation, but I knew there was a resistance level there, and in this case, it held and the stock moved lower.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-08-08 10:50:52 | SGY | buy | $11.500 | long |
2016-08-08 10:51:09 | SGY | buy | $11.540 | long |
2016-08-08 11:18:18 | SGY | sell | $11.570 | 0 |
2016-08-08 11:23:04 | SGY | buy | $11.660 | long |
2016-08-08 11:23:23 | SGY | buy | $11.660 | long |
2016-08-08 11:45:46 | SGY | sell | $11.500 | 0 |
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