Flag Pattern looking to break new highs.
Swing Trade 100shares
Target = 54.48
Stop Loss = 50.37
Day Trade
Target = 52.02
Stop Loss = 51.60
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-02 14:26:18 | SFUN | buy | $51.750 | long |
2013-10-02 14:26:27 | SFUN | buy | $51.750 | long |
2013-10-02 14:26:46 | SFUN | buy | $51.750 | long |
2013-10-02 14:27:00 | SFUN | buy | $51.750 | long |
2013-10-02 14:27:04 | SFUN | buy | $51.720 | long |
2013-10-02 14:27:51 | SFUN | buy | $51.720 | long |
2013-10-02 14:29:02 | SFUN | buy | $51.720 | long |
2013-10-02 14:30:31 | SFUN | buy | $51.750 | long |
2013-10-02 14:40:31 | SFUN | sell | $51.600 | long |
2013-10-02 14:40:31 | SFUN | sell | $51.590 | long |
2013-10-02 14:40:32 | SFUN | sell | $51.580 | long |
2013-10-02 14:40:32 | SFUN | sell | $51.580 | long |
2013-10-02 14:40:32 | SFUN | sell | $51.580 | long |
2013-10-02 14:40:50 | SFUN | sell | $51.570 | long |
2013-10-03 10:32:11 | SFUN | sell | $50.343 | 0 |
I can see the flag breakout on the green spike before your entry. However, it looks like it was bear flagging when you came in. If you were looking for a pullback, it's important to check to see if the dips are getting bought. If you don't see strong volume coming in, it's usually a good idea to wait until a base forms before entering.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
I don't see the flag pattern, i see a pullback with no bounce.