I got in too early with this one. If I had looked at what it did the previous days I would have seen that it would probably pull back more than I gave it a chance to do. I set a mental stop at the high of the previous bar and it began to consolidate slowly into a nice bear flag. eventually I pulled $195 +
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-13 09:42:10 | GALT | sell | $13.550 | short |
2014-01-13 13:05:05 | GALT | buy | $13.500 | short |
2014-01-13 13:07:15 | GALT | buy | $13.320 | short |
2014-01-13 13:34:37 | GALT | buy | $13.220 | short |
2014-01-13 13:45:32 | GALT | buy | $12.900 | short |
2014-01-13 13:56:35 | GALT | buy | $12.870 | 0 |
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