In on a flag. It flushed with a shake-n-bake candle, I got stopped out for a max loss.
In again when I realized it was a shake-n-bake. Sold piece into spike, remaining 2/3rds sold as it broke down (should've had it sell at my buy price).
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-09 11:05:40 | TWTR | buy | $58.630 | long |
2014-01-09 11:08:06 | TWTR | sell | $58.360 | 0 |
2014-01-09 11:10:11 | TWTR | buy | $58.560 | long |
2014-01-09 11:12:27 | TWTR | sell | $58.820 | long |
2014-01-09 11:20:34 | TWTR | sell | $58.360 | 0 |
True. I thought that when it cracked through both the 9 and 20 EMAs on pretty good volume, it was signalling having found a bottom (for the day).
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This stock was down trending all day. Careful next time with this type. Odd is not in your side.