Morning continuation play. DANG had been tapping 10.45 all day yesterday so when the volume came in this morning I thought it was going to continue up. I thought the entry was pretty nice and it did pop up but it failed HOD and fell on its face (should I really be surprised by a company called "China Dangdang"?) I probably could have gotten out sooner to minimize the loss on this one. It did go later in the day but I hated the pattern so much I deleted it after it pulled this crap, lol:
1000 shares
-$189.80 (-1.85%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-27 09:37:30 | DANG | buy | $10.480 | long |
2013-09-27 09:37:30 | DANG | buy | $10.480 | long |
2013-09-27 09:58:39 | DANG | sell | $10.290 | 0 |
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YOur chart looks great compared to tradervues.