Shared by
Brutto_BOWS
Stock gapped up and opened below the 200DMA. Worked its way up to the 200 and made a quick peak above before pulling back to the 9ema where it rode it for a few candles. I bought on the breakout of the opening range high and 200 dma with good volume. Sold first 200 into the first spike 2 cents shy of the top and put stop at buy price. The price made a quick whip down which shook me out before bouncing back up but it didn't break higher the rest of the day. The shake out just kept me from maybe getting a better price on my last piece. Turned out to be a scalp type day.
R/R 2/1
.61R
3%
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-03-03 10:03:49 | DNDN | buy | $3.330 | long |
| 2014-03-03 10:15:14 | DNDN | sell | $3.430 | long |
| 2014-03-03 10:23:48 | DNDN | sell | $3.330 | 0 |
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