Bear flag breakdown on the daily
Entry: Bear flag after spike down on open and consolidation on low volume
Exit:Sold shares in to the flush. Had to walk away, and got stopped out on the remaining shares.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-03 09:51:14 | BBY | sell | $23.150 | short |
2014-02-03 10:17:39 | BBY | buy | $22.890 | short |
2014-02-03 10:18:36 | BBY | buy | $22.850 | short |
2014-02-03 10:37:28 | BBY | buy | $23.030 | 0 |
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Second cover was early. Trend was on your side. It just retested previous support which now became resistance.