"Coil broke to downside and the price hit the lowest price (price support). I bought in expectation that it is going to bounce off the price support but I realized that the bear flag is in creation so I sold.
Expectation trade that just did not work out.
Stop: 5.76"
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-13 10:26:00 | RCON | buy | $5.800 | long |
2014-02-13 10:32:00 | RCON | sell | $5.820 | 0 |
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