Daily flag, shorted the intraday bear flag but I was late after big flush at the open. The stock was very slow, I gave up flat.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-13 11:44:11 | SCSS | sell | $16.920 | short |
2014-01-13 11:44:14 | SCSS | sell | $16.920 | short |
2014-01-13 11:44:22 | SCSS | sell | $16.920 | short |
2014-01-13 11:47:46 | SCSS | sell | $16.890 | short |
2014-01-13 11:47:46 | SCSS | sell | $16.890 | short |
2014-01-13 11:47:46 | SCSS | sell | $16.890 | short |
2014-01-13 12:01:38 | SCSS | buy | $16.930 | short |
2014-01-13 12:01:50 | SCSS | buy | $16.936 | short |
2014-01-13 12:01:50 | SCSS | buy | $16.940 | short |
2014-01-13 12:01:50 | SCSS | buy | $16.940 | 0 |
This stock was already over its daily range.Only way this would have worked if it was a news dump.
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The play was at the open.