Bear flag entry at 11.0 is way too late, s/b at 11.04 1cent below lowest price and get quick 10 cents profit at 10.94. Cover all position at 11.0... got panic it went up which actually forming the next bear flag.
Therefore second entry chance will be next bear flag at 10.98 (or 11.0 - tricky) for quick profit 10.9.
P/L 0
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-05 09:43:50 | BBRY | sell | $11.000 | short |
2013-09-05 09:47:16 | BBRY | buy | $11.000 | 0 |
You're right! Didn't realize it nearing yesterday HOD. Thanks for the valuable feedback :-)
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previous day high was $10.89 on the daily chart, which is price support and looks like it bounce right off of that level, so i dont think the risk/reward was worth it.