We were all banking on this thing failing. It looked like a nice bear flag on the 5-min chart. However, it bounced inexplicably and I got stopped out. There was still quite a bit of demand for it. If I wasn't so close to my max loss, I would have hit this again when it flushed around lunchtime.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-11 09:49:48 | TWTR | sell | $51.310 | short |
2013-12-11 09:57:14 | TWTR | buy | $51.940 | 0 |
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Looked ready, good stop