Bear Flag. I got in a little bit early and got shook out. What I thought would happen ended up happening, just after I closed my position. Ha. I was on it though.
Execution detail:
Yeah I agree, but I was not about to get burnt again after what happened earlier to me with NVGN and my loose stop. So it was a tight stop and that was the way it was played for the rest of the day.
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Right idea, but this oil stock are very volatile so you have to be looser with the stop. $32.30ish idea stop... http://screencast.com/t/ggR6sqqCZ