Shared by
mirko_BOWS
Premarket gapper starting to showing signs of the weakness by making lower highs and breaking below the MAs. Shorted on the flag breakdown but did not have patience since it seemed to be stuck in a narrow range and bailed out.
In the end, it did tank as predicted so I guess I had a right idea and right play but bailed on my self for no reason unfortunatelly.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-21 11:58:20 | COMM | sell | $22.634 | short |
| 2014-02-21 12:23:11 | COMM | buy | $22.650 | short |
| 2014-02-21 12:23:11 | COMM | buy | $22.640 | short |
| 2014-02-21 12:23:11 | COMM | buy | $22.640 | 0 |
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