Tapped the 9ema multiple times on the way up. It broke below, lingered then came back above. I got out right away and was thinking "this baby is going to rocket" but did not change sides. Big mistakes. This turned out to be a perfect headfake play with people piling in on top of shorts covering.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-13 11:46:19 | FB | sell | $65.860 | short |
2014-02-13 11:52:23 | FB | buy | $65.990 | 0 |
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Have to flip it and go long next time.