Setup: Bearish low volume pullback to 20/50DMA resistance
Intraday stock showed weakness when MA's pushed the price below VWAP and back below the daily 20/50MAs. Shorted on the pullback to intraday 9EMA expecting the bounce lower. Stopped out when price broke back above VWAP.
Execution detail:
I see what you were thinking. Not a bad idea. Good discipline on the sell. Dead cat bounce eh?
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20sma and 50sam was holding it up.. check out daily chart support levels