earnings breakdown on daily. went short on break of 21 but could not hold break and got stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-12 13:24:00 | CIEN | sell | $20.970 | short |
2013-12-12 13:32:00 | CIEN | buy | $21.168 | 0 |
Strong support @ 21 on the daily. would've waited for a triple bottom tap
oh and I said strong support as it was a gap fill, gap fills usually have reallly strong support
Thanks for the feedback. This was what I call a frustration trade as everything was going wrong for me today. I entered just hoping it went down than having a real setup to back up the trade.
Really stupid on my part.
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Bit extended on entry. You entered on the 5th red candle.