Shared by
Blake_BOWS
Flat bottom breakdown:
Right in the morning, this stock had broken down past its flat bottom and all of the emas, pulled back to the vwap and that gave me my reason to short it.
I took some quick profits, then I added to it after it broke past the 59.50ish area that it tested a couple of times then I scaled out. I was unlucky that it hit my stop barely after breaking a little past the 9ema and I missed a lot of this move
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-04-03 09:48:13 | FEYE | sell | $60.190 | short |
| 2014-04-03 09:49:01 | FEYE | buy | $60.040 | short |
| 2014-04-03 09:51:18 | FEYE | sell | $59.590 | short |
| 2014-04-03 09:51:18 | FEYE | sell | $59.590 | short |
| 2014-04-03 09:51:20 | FEYE | sell | $59.560 | short |
| 2014-04-03 09:51:22 | FEYE | sell | $59.560 | short |
| 2014-04-03 09:52:16 | FEYE | buy | $59.510 | short |
| 2014-04-03 09:57:15 | FEYE | buy | $59.314 | short |
| 2014-04-03 10:18:07 | FEYE | buy | $58.880 | short |
| 2014-04-03 10:46:16 | FEYE | buy | $59.150 | 0 |
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