Not a good trade. Although I had a gain my executions were sloppy. This stock was trading pretty light today. I entered 100 shares at 49.47 on a small bear flag. I ended up adding another 100 at 49.21 for no good reason besides wanting a bigger gain. The stock was likely to have a deeper pullback at this point after dumping at the open. I shorted another 100 shares at 49.60 after it had bear flagged and began breaking below the 20 EMA. If anything this should have been the only short entry I took as the other two were way to early. I held onto this stock trying to squeeze everything I could out of it. When the EMAs began to flatten out around 49.00 I figured there would be no flush and it was likely to bounce. I covered my 300 shares at 49.10 when it broke back above the EMAs.
Execution detail:
Haha the one positive, thanks man.
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At least the exit was well timed and for a good reason !! lol