FIT had an awesome bear flag on the daily, on the intraday it was setting up pretty nicely, but the bear flag was not very clear so I never shorted. All of sudden it flushed big time, so waiting for a bear flag to set-up and it did. I shorted and banked on the first attempt, the second attempt I sent a STOP, but it executed as a market order, so I lost. On the third attempt I shorted at around 42.70, and setup a STOP at 42.90 and it hit the STOP and took me out.
Execution detail:
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!