Shared by
TomB_BOWS
Setup (intraday): None
Setup (daily): Extended, overbought
Stop: 70.30
Reason for taking trade: Extended on daily, looked like it was bear flagging
Concerns: It was extended and overbought but not really parabolic
Mistakes: It was bear flagging on MA's not under, thats not a bear flag
Anticipation/Confirmation: Anticipation
Market above or below 50 MA: Below
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-10-31 10:22:17 | AKAM | sell | $70.180 | short |
| 2016-10-31 10:35:09 | AKAM | buy | $70.300 | 0 |
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