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Shared by
mick9800_BOWS

 

FTNT

Nov 29, 2013 11:06


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9/20EMA INTRADAY P/B SHORT daily chart breakdown

stock was breaking down on the daily on negative PR. Just missed the initial flush at the open and watched for a PB. went short when it came close to 9ema and broke under 17.10 which it had been tapping. it could not hold the break under 17 and had to cover once it broke through the 9/20 intraday MA's.


Execution detail:

Date/time Symbol Side Price Position
2013-11-29 11:06:00 FTNT sell $17.080 short
2013-11-29 11:33:00 FTNT buy $17.146 0


Comments

2013-11-30 14:46:27
 

I think it was just down to much already. Easy money was over.

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