Shared by
oly_BOWS
stop: 8.03
target: 8.97
big volume on slow pullback holding at 20 ema, not ideal pattern but good volume and green candle
In hindsight it had formed a loose doubletop during the open. I also had told myself to avoid pullback entries on gaps that are deep like this one (may make exception in future for gap n go, but this is not that setup).
Fortunately, I cut out for a small loss as it wasn't following through.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-06-11 11:19:00 | BIOF | buy | $8.370 | long |
| 2014-06-11 11:33:49 | BIOF | sell | $8.330 | 0 |
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