Bought on what I thought was a flag only to realize the daily is too extended and didn't have the push it needed,I bailed as it wasn't breaking to the upside.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-29 11:23:01 | KTOS | buy | $8.720 | long |
2013-08-29 11:23:01 | KTOS | buy | $8.720 | long |
2013-08-29 11:24:54 | KTOS | buy | $8.719 | long |
2013-08-29 11:47:41 | KTOS | sell | $8.730 | long |
2013-08-29 11:48:19 | KTOS | sell | $8.740 | long |
2013-08-29 11:49:04 | KTOS | sell | $8.740 | 0 |
that stock was setting up for a short have to align it
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Yeah look like the daily setting up for a parabolic short