Bear flag breaking down on the daily chart. Bought into an intraday bear flag once I saw the 9 ema curling down over price about the cross the vwap, price pulled back near the 9 ema, tested level of resistance and a red candle held. Entered and sold half into the spike. Sold the rest into the pullback that followed.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-07 09:57:00 | MNK | sell | $51.780 | short |
2016-12-07 10:04:00 | MNK | buy | $51.350 | short |
2016-12-07 10:24:00 | MNK | buy | $51.600 | 0 |
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