I'm not really sure what to call this setup but BBRY refused to fade earlier when I shorted it, and it started coiling up so I just had a gut feeling it was gonna go. Entries were both very good, especially adding during the flag as it held $10.50, which allowed me to really hammer this one home. I wish I had kept the last 500 shares through that dip though. Overall an excellent trade. Original stop loss on the $10.32 entry was $10.22.
2000 shares, sold 1k, added 1k back
+$800.00 (4.75%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-12 12:18:24 | BBRY | buy | $10.320 | long |
2013-08-12 13:22:44 | BBRY | sell | $10.490 | long |
2013-08-12 13:48:00 | BBRY | buy | $10.540 | long |
2013-08-12 14:15:04 | BBRY | sell | $10.740 | long |
2013-08-12 14:17:31 | BBRY | sell | $10.810 | long |
2013-08-12 14:31:30 | BBRY | buy | $10.710 | long |
2013-08-12 14:31:34 | BBRY | sell | $10.700 | 0 |
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