I've been anticipating a reversal on this for quite some time. It wasn't ready yet. I took it when I thought it had failed the MAs. Doji right into resistance, so I'm definitely watching this for a huge short tomorrow.
2/9: Not only was I too early on the entry, the dip immediately got bought. Dips should not get rebought that quickly if the stock really is going bearish.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-17 11:21:19 | FB | sell | $54.555 | short |
2013-12-17 11:38:52 | FB | buy | $54.600 | 0 |
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Nice short, i really like this attempt given daily double top potential .