Shared by
ShawnSplint_BOWS
I knew that there was resistance at 17.51 and that there was support at 17.26 and the stock was just bouncing back and fourth in that range. I saw some smaller candles at the bottom of the range and thought it might break down. Range was not tight and it was not a good setup. I was watching it for a long afterwards but thought that the moving averages were to far away and then it popped.
http://www.screencast.com/t/JIRSb4h5Dem
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-12-29 10:30:44 | KATE | sell | $17.310 | short |
| 2016-12-29 10:52:56 | KATE | buy | $17.340 | short |
| 2016-12-29 10:53:29 | KATE | buy | $17.379 | 0 |
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