After missing the initial breakdown opportunity looking for the EOD fade, I shorted on the 2nd flag breakdown. Covered some into the flush and then bailed out on the remaining shares once it broke above the MAs although I had no reason to do so since the next resistance level was couple of pennies higher but it looked to me that the bounce might be coming.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-01 13:19:54 | WUBA | sell | $45.230 | short |
2014-04-01 13:19:54 | WUBA | sell | $45.220 | short |
2014-04-01 13:19:54 | WUBA | sell | $45.210 | short |
2014-04-01 13:19:54 | WUBA | sell | $45.220 | short |
2014-04-01 13:19:54 | WUBA | sell | $45.220 | short |
2014-04-01 13:21:34 | WUBA | buy | $44.910 | short |
2014-04-01 13:21:34 | WUBA | buy | $44.900 | short |
2014-04-01 13:22:52 | WUBA | buy | $44.950 | short |
2014-04-01 13:22:52 | WUBA | buy | $44.950 | short |
2014-04-01 13:40:41 | WUBA | buy | $45.470 | 0 |
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