-$40 Loss
FREELong Stock
manneh

$FREE was 70% up on the day with no news. I was watching it waiting for a pattern I could recognize before I would consider buying. I identified a Flag pattern and was waiting for $0.86 break out for confirmation. Breakout came and my order filled at $0.90 but this was a fake breakout and stopped at $0.95, I was waiting for at least $1 to sell.Even though this seemed like a clear flag pattern, the stock was already %70 up on the day with no news. This is a no no.

000
DatePrice
Entry8/11/20150.90
Exit8/11/20150.80
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