Daily: overbought, break below trend line support
Intraday: bear flags
I first entered on the breakout of the big bear flag, entry was a bit late but was close enough to support/resistance level at $22.
I added on the 2nd bear flag expecting new LOD then added again on another bear flag break. When I looked at GDXJ daily chart, I though it had plenty of room to the 9 EMA so I tried to hold my shares a little longer for a potentially big move. It was still $1 dollar too soon when I took 1/2 position off at $20 but that level could have been price support when looking at the 30-min chart.
ETA: looking at the 5m chart again, I see a double top which I didn't see while trading this ticker
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-10 12:50:29 | JDST | sell | $21.880 | short |
2017-03-10 13:39:41 | JDST | sell | $21.560 | short |
2017-03-10 14:35:13 | JDST | sell | $20.950 | short |
2017-03-10 14:52:52 | JDST | buy | $20.050 | short |
2017-03-10 15:32:48 | JDST | buy | $19.060 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!