Continuation play. I thought this was a decent setup for a run up through the moving averages on the daily, and I really don't know why I picked the point I did to sell. I sold right into perfect support at the 29.65-70 area. Sold right at the bottom for no reason and took a needless loss. Stupid! Here's a chart:
300 shares
-$81.00 (-0.91%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-04 09:48:42 | AWAY | buy | $29.970 | long |
2013-10-04 10:17:40 | AWAY | sell | $29.700 | 0 |
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Your chart looks great and didn't look like there was any reason to sell.