Took trade on flat-bottom b/d play. Stock had tested $95.50 several times and I anticipated a flush when stock moved below moving averages. Didn't wait for confirmation and got stopped out when price support held and stock reversed. Failed to check daily chart that also shows supprt at $95.50.
Gain: $-38 (-0.4%)
Shares: 100
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-14 12:53:38 | ULTA | sell | $95.660 | short |
2014-03-14 13:07:26 | ULTA | buy | $96.040 | 0 |
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