Seemed like a nice flag consolidating. I figured if price was to break the VWAP, I would get in waiting for the push with a tight stop. Volume was high on the pole, low on the coil, stochastic in the 60s. Looked like a decent setup to me but maybe not?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-13 10:27:34 | CTIC | buy | $4.180 | long |
2014-03-13 11:29:32 | CTIC | sell | $4.110 | 0 |
It was one of best setup on all time frame. Once that did not work , i gave up an all longs today.
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This was a good attempt. Overall market kill a lot good setup.