I thought it had more. However, I suspect that since it had already bear flagged and recovered in the morning, it ran out of juice. If I traded earlier in the day, it would've been nice to catch the pullback to the 20ema on the 5-minute chart.
2/9: I now know better. I misinterpreted this as a bear flag, when really it was a 1-2-3 higher low. I'm classifying this as a Type 2 trade since I didn't know better at the time.
Execution detail:
Yeah man, I agree. Also, higher low. I'm still learning how to play daylong bear flags. I'm saving this chart for a lesson on how NOT to play them.
agree w/ Kunal, 80 was support. After that big of a drop from the a.m., and into support, i'd pass.
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I THINK u got to long this stock bro.. see the daily is on support u need to think about the bounce