The stock was on the flat top breakout on the daily chart and was trying to align with the intraday setup but missed it completely. Should have entered on the flat top breakout around 10 A.M. but instead went long at the point where the stock was bear flagging and should have gone short.
Not to mention that stock was way to overextended today to succeed at the flat top breakout but it might go in the next few days.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-09 11:22:28 | ABFS | buy | $23.230 | long |
2013-08-09 11:22:28 | ABFS | buy | $23.230 | long |
2013-08-09 11:22:28 | ABFS | buy | $23.230 | long |
2013-08-09 11:22:39 | ABFS | buy | $23.200 | long |
2013-08-09 11:24:10 | ABFS | sell | $23.150 | long |
2013-08-09 11:24:24 | ABFS | sell | $23.150 | long |
2013-08-09 11:24:31 | ABFS | sell | $23.140 | long |
2013-08-09 11:24:32 | ABFS | sell | $23.150 | 0 |
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