After the first break-down under VWAP, I assumed that it was forming a bear flag when in reality it was just consolidating. I exited this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-23 10:24:00 | FEYE | sell | $12.390 | short |
2017-03-23 10:35:00 | FEYE | buy | $12.380 | 0 |
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