Day long consolidation and the price was being squeezed between the MA's and the VWAP so I though if it broke through the VWAP it could be a nice squeeze play. Should've waited for confirmation as it broke down so I got stopped out.
Execution detail:
intraday looks more like a bear flag. you could have shorted this for a nice gain!
Yeah I see that now...I always kick myself when I do this because I really need to wait for confirmation for it break through that resistance to long this setup. I'll learn eventually!! hahaha
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Not seeing any setup to go long looking at the daily chart. Lot of price resistance ahead.