Setup - Rubber Band snap-back - parabolic short
Daily chart - FEYE has been riding the upper bollinger band for days and was over extended to the upside.
Intraday (5-min) - waitied to see if there would be a formation of a bear flag, and I entered for a secondary short. Made a few entries, but missed the afternoon session big crack.
Entries: $44.36, $44.01, $43.95, $43.96, and $43.63.
Exit: practicing scaling out
Click on my scheen shot below:
S1-S5 - all of my entries to the short side
Execution detail:
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