Another quick trade. was looking for it to hold under 9 EMA when it broke. Did it several times during the day. Had a tight stop making it a really low risk trade. Didn't work.
-2.00
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-22 15:29:18 | HAL | sell | $54.350 | short |
2013-11-22 15:31:23 | HAL | buy | $54.370 | 0 |
Why did you short, stock was make higher highs and higher lows.
For me I wouldn't play this stock. See all the small flags everywhere. This makes support and resistance at multiples levels. When you pick a target you want the least amount of support/resistance b/w you and it.
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Not a fan of this trade as daily looks like this was the pullback and will retest 56