Shorted in bear flag as it approached EMA. Covered partial into spike. Re-added as it bear flagged again (approached 9EMA) on light volume. Sold partials into spikes. Covered when it crossed the 50 EMA (which it was failing to do all day).
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-16 12:36:08 | MPC | sell | $85.170 | short |
2014-01-16 12:43:59 | MPC | buy | $84.870 | short |
2014-01-16 12:52:29 | MPC | sell | $85.010 | short |
2014-01-16 13:24:37 | MPC | buy | $84.860 | short |
2014-01-16 13:33:26 | MPC | buy | $84.720 | short |
2014-01-16 14:05:35 | MPC | buy | $85.020 | 0 |
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