Waited for confirmation of the bounce, got it, bought. Stoped out to the penny next candle (tight stop, minimizing losses today) as it broke below the previous level of support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-07 13:12:30 | TSLA | buy | $184.910 | long |
2014-02-07 13:16:05 | TSLA | sell | $184.370 | 0 |
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no pattern. this stock already dipped 4x this day and it bounced.. very tricky to just keep buying a dip with no setup behind it. that break below the moving averages and then the pop above could have been a good spot