Shared by
firesky_BOWS
LONG SWING POSITION: Bull flag pattern on recently uptrending daily chart. Incoming 20-day MA providing nice support. Placing stop at $46.07 with targets at $47.75, $48.40, $49.05, and $49.98. Corresponding R/R's are 0.8, 1.5, 2.2, and 3.2 respectively.
3/3/2015: Hit stop, all out. Flag still valid though so keeping an eye on it.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-02-26 12:58:00 | SILC | buy | $47.000 | long |
| 2015-03-03 09:37:00 | SILC | sell | $46.070 | 0 |
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