Shorted as it tapped and failed the MA for the 4th time just above support; if cracked there was a long way to support on the daily. Looking at this chart, with I'd reversed, but I was short biased with the MA running overtop and the bear flag forming in the morning.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-05 09:57:12 | GMCR | sell | $107.840 | short |
2014-03-05 10:10:37 | GMCR | buy | $108.050 | 0 |
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