shorted bearflag, but too much price support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-07 11:14:26 | CTRP | sell | $50.545 | short |
2013-11-07 11:38:45 | CTRP | buy | $50.448 | short |
2013-11-07 11:38:45 | CTRP | buy | $50.450 | 0 |
Thanks, I seen that too. I find it hard to gauge where the strongest old price support is, so am always cautious and take profits.
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To me this was a great trade. 3m & 5m, stock broke the 9ema but couldn't hold it, thats where you jumped in. Stock didn't get close enough to 50.00 so you didn't sell half your position. Stock made a higher low so you got out once it start to approach your filled price.