Shared by
Boston
I got long for the bull flag on the 1 min chart, but the setup was pre-mature and still developing. On the 5 min, it was on it's third green candle breaking over the HOD, but that meant that the stock was over extended and needed more time to consolidate. Had the right idea, just was too early but the mistake was clear. Over extended on the 5 min chart so it didn't have power to breakout.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-06-08 09:41:37 | CVNA | buy | $13.590 | long |
| 2017-06-08 09:41:41 | CVNA | buy | $13.660 | long |
| 2017-06-08 09:42:39 | CVNA | sell | $13.500 | 0 |
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