flag breaking out on the daily. entered into an intraday flag after it had broke down then remounted the 9 ema that was above the vwap and curling up under price. Price pulled back after my entry and I was stopped out. Price had run up $1.60 nonstop so I should have expected a deeper pullback. That is the mistake that was made with this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-05 10:28:00 | KSS | buy | $55.720 | long |
2016-12-05 10:37:00 | KSS | sell | $55.530 | 0 |
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