-.05 Entered short on a bear flag setup. Price pulled back to ma's after sharp decline. Chopped around for a couple hours never going anywhere. Exited with a .05 loss as price broke up through the ma's and vwap. Not a strong setup.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-21 11:09:17 | ECYT | sell | $17.850 | short |
2014-04-21 13:19:58 | ECYT | buy | $17.900 | 0 |
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Not the greatest of setup imo. Perhaps, could have waited for break of strong support at 17.80