Daily 20dma rejection. I was going for a bear flag breakdown on the 5 min back to the $52.50 to $52.00 area (better visibility on the 15 min chart) but it immediately spiked back up so I took the loss.
300 shares
-$94.49 (-0.60%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-09 09:47:40 | MNST | sell | $53.410 | short |
2013-10-09 09:47:40 | MNST | sell | $53.412 | short |
2013-10-09 09:47:40 | MNST | sell | $53.412 | short |
2013-10-09 09:54:57 | MNST | buy | $53.725 | short |
2013-10-09 09:54:57 | MNST | buy | $53.730 | 0 |
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Looked legit for short, surprise it spiked like it did.