Saw flag breakout continuation on daily chart. Entered into a quick pullback setup near the 9 ema on a sign of strength. Bought 600 shares at $8.72. Price began to run against me, but I was never stopped out. Price then reversed and began it's upward movement and I sold all my shares at my entry price out of fear. I figured price would not continue upward because a lower high was made and I assumed the trend was over.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-04 10:00:00 | CARA | buy | $8.720 | long |
2016-10-04 10:29:00 | CARA | sell | $8.720 | 0 |
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