Stop -.25, Target +1, +2. On the high flag raise stop under new support and got stopped on roll over for small gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-27 10:10:19 | NXPI | buy | $62.240 | long |
2014-05-27 11:18:06 | NXPI | sell | $62.480 | 0 |
I appreciate the feedback as it challenges me in what got me in it. What i saw was an extremely high probable setup of a flat top breakout at 62 that had higher lows. It actually didn't work out as i was expecting a 2 point move but moved my stop under the intraday support of the flag at 62.50. This is still currently on my watchlist.
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not a high percentage play on this one. It worked out, but the chart was too sloppy. One thing that I want to look for in a stock is that it's showing some strength. The chart was slightly sloppy in the first half hour! Glad it worked out for you though!