rfe: 9ema pb, r8.19, sto 70, 3tfta
stop 8.25
target 8.00
concerns: power through 9 ema & hold
turned into 1-2-3 reversal. covered before reaching stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-17 10:49:08 | JCP | sell | $8.180 | short |
2013-12-17 11:12:20 | JCP | buy | $8.235 | short |
2013-12-17 11:12:20 | JCP | buy | $8.240 | 0 |
Looks like it formed a nice bear flag on the daily chart. It may still breakdown to that previous low of 6.50.
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Oversold daily.