Shared by
tomr_BOWS
Stalked stock in the afternoon. Was looking for a short when it couldn't break the $40 mark. Entered on break of bear flag. Flag got broken just above VWAP so I waited for stock to move below VWAP. There was no follow-through after it crossed VEAP and it started to move back up and I got stopped out. This was a bad play all around. Entry was way too late and I should have bailed out much sooner and not let price get back up to my stop.
Gain: -$106 (-1.4%)
Shares: 200
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-03-13 14:36:07 | TSRO | sell | $38.510 | short |
| 2014-03-13 15:23:46 | TSRO | buy | $39.040 | 0 |
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