I was watching this due to the daily bear flag. When it gapped on open I waited for it to consolidate closer to support, and then shorted. As it turns out it wanted the 20 SMA and not the 9 EMA, so my entry was not ideal. I then skipped the 5.85 dip because I was aiming for 5.60 range as first target. When this started to turn on me I covered for a very very small profit.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-04 09:55:02 | OESX | sell | $6.090 | short |
2014-02-04 11:44:55 | OESX | buy | $6.040 | 0 |
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