Setup: Flagging
The price got back under the 9 and 20 EMA and could not break through. I was a few minutes too early, but it did what I expected earlier in the day. Gap fill to the $37.50 area.
This stock could be in play for a bounce continuation tomorrow as it appears to have bottomed.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-22 13:52:55 | MDSO | sell | $38.330 | short |
2014-04-22 14:34:41 | MDSO | buy | $37.550 | 0 |
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