Thought it could break another flag pattern to the upside.
Stopped out. (placed right under 9 EMA)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-20 15:11:29 | EOPN | buy | $28.540 | long |
2014-02-20 15:11:29 | EOPN | buy | $28.540 | long |
2014-02-20 15:28:41 | EOPN | sell | $28.450 | long |
2014-02-20 15:28:56 | EOPN | sell | $28.450 | long |
2014-02-20 15:29:05 | EOPN | sell | $28.480 | 0 |
3rd up day. As stock gets extended 9 ema looses relevance .
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extended on daily, it was already way up two days in a row.