Stop loss 15.95
Entered as it was triple tapping... it kept trying and trying then all of a sudden dropped, stopped me out.. then went right back up...
I'm very frustrated today.. this kept happening..
I thought I was setting a loose stop too...
Execution detail:
Agree with Mirko. $16ish for an entry. Not much of a setup where you bought.
mirko was spot on http://pasteboard.co/1mHooXzf.png
so this stock started to bear flag, broke the 9ema, tried to get back up above it but couldn't hold it. I would've sold it @ 16.10.
You initial stop was alright, but as things change you have to move it
Unless you got in at that 16 area before the big candle, game over.
$16 was the spot.. you were a bit late!
I see now.. hmm.. I'll need to review my notes, I was waiting for it to breakthrough the price resistance from the beginning of the day and then go higher... instead of looking at more of a sloping down trend. Thanks guys and gals.
Tuff one as had that look to it.
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A bit late on the entry, a more better one was around $16ish but still would not make much of it. Not a bad try though