Daily: breaking below consolidation
Intraday: bear flag
I missed the earlier entry on the first flag but managed to get in on the next flag. I had some concerns about entering right around the $20 level but stock had momentum and the broad market looked very bearish.
Somehow I dodged the squeeze near EOD. I took my first scale-out on the break down after non-stop selling all day as I felt the end was near. I got out when the green candles kind of confirmed my belief.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-21 10:49:57 | HTZ | sell | $20.050 | short |
2017-03-21 10:52:55 | HTZ | sell | $19.900 | short |
2017-03-21 14:19:32 | HTZ | buy | $18.570 | short |
2017-03-21 14:31:58 | HTZ | buy | $18.690 | 0 |
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