No real pattern here. Cracked through the 9 & 20 EMAs, retested at 87.70 so I bought with a tight stop right about the 9 & 20 EMAs, which is busted through a few minutes later.
On second look, a better short spot for this move woul've been around 1:00 when it retested but the 9 crossed under the 50 for a quick scalp short.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-09 12:43:42 | DECK | sell | $87.700 | short |
2014-01-09 12:47:32 | DECK | buy | $87.770 | 0 |
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No short setup on daily.