had bear flag with 50 sma chillin on top of price. price support was broken. entered intraday when I saw triple tap breakdown of multi intraday price support. I missed the spike that followed it was very quick and happened while I was trying to set my stop. waited for a another breakdown to follow but it never came. I was stopped out.
I should have taken the abrupt remount of intraday price support as a sign that the breakdown was a no go. that way I could have lessened the blow.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-06-21 09:35:39 | UCTT | sell | $20.250 | short |
2017-06-21 09:41:32 | UCTT | buy | $20.420 | 0 |
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