Shared by
sk6345
Saw breakdown pullback start moving downward on the daily. Sold into an intraday bear flag on anticipation. Price pulled back immediately after and I exited. Reentered the stock once I seen confirmation of the bear flag I originally wanted. Sold 600 shares at $26.06. Bought back half at $25.90. Price pulled back but I assumed it was just another flag forming and the downward movement would continue. Unfortunately, I was stopped out before that happened.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-10-27 09:44:00 | BITA | sell | $25.990 | short |
| 2016-10-27 09:47:00 | BITA | buy | $26.160 | 0 |
| 2016-10-27 09:58:00 | BITA | sell | $26.060 | short |
| 2016-10-27 10:10:00 | BITA | buy | $25.900 | short |
| 2016-10-27 10:27:00 | BITA | buy | $26.070 | 0 |
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