Weak stock all morning and formed a rough bear flag right under the 9EMA. I got filled on a nice up tick and it never looked back. I noticed after I entered it was a little extended and had a nice curving upwards look to it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-12 10:51:25 | SNTS | sell | $25.850 | short |
2013-08-12 10:51:27 | SNTS | sell | $25.852 | short |
2013-08-12 10:54:58 | SNTS | buy | $26.000 | short |
2013-08-12 10:54:58 | SNTS | buy | $26.000 | 0 |
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strong stock like this was due for a squeeze to the upside after that big flush it just had.