Not the greatest daily chart as it had a pretty substantial flush on friday. I took the gamble and shorted 250 shares at 41.11 as it was bear flagging. I had a stop placed at 41.35 which was almost triggered after my entry when it popped up above the VWAP & 9 EMA before breaking down again. I scaled out 75 shares at 40.87 and waited to see if we would see a crack. When the stock broke back above the 9 EMA and tested the 20 EMA I covered up the rest of my shares getting filled at 40.07.
Execution detail:
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