Play: Bear flag
Gapped down, broke above VWAP but couldn't hold it. Shorted once it broke again. First target AGAIN was quick. There was resistance around 24.5 and should have known once it broke through, it was going to flush big time. I just saw the resistance and sold. Once again ,left way too much money on the table and should have been more PATIENT!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-25 09:48:46 | P | sell | $25.000 | short |
2014-04-25 09:50:46 | P | buy | $24.720 | short |
2014-04-25 09:57:50 | P | buy | $24.540 | 0 |
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Nice trade.