I continued my obsession with this later in the day. When it didn't want to hold the bottom of the intraday flag, I shorted with the intention of a quick scalp. Entry was a little later that I was trying for, but overall this worked. I had to be away from this for a bit, and was not there for the incredible drop after this.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-26 13:02:38 | TSLA | sell | $257.090 | short |
2014-02-26 13:08:58 | TSLA | buy | $256.000 | 0 |
Nailed it here! If,you had too small of a position to scale then I like the fact that you locked in profits. Otherwise cover half with stop at initial entry and watch the gains add up!
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Like you said you were a little late, but the setup played out reallly well. Good Call!