Play: Bear flag with break of big resistance area
Once it broke the 21 level, got in expecting a flush especially as it was overbought not the daily. I wanted to get in for a quick scalp. I also had a very tight stop loss of 10cents on it. It ended up having a crazy flush but I wasn't at my computer and I am not sure I would have caught it anyways as I don't see a pattern.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-28 13:07:45 | LIVE | sell | $20.990 | short |
2014-01-28 13:07:45 | LIVE | sell | $20.990 | short |
2014-01-28 13:07:45 | LIVE | sell | $21.000 | short |
2014-01-28 13:40:29 | LIVE | buy | $20.750 | 0 |
U had it man!
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Oh man, great entry. Always crazy to see when it bucks out before the waterfall.