I usually don't ever chase but have seen much evidence that in this market it bodes well. Tight stop of -.50, Target +1, +2 and hit both. With that much volume and move, could have waited a little longer to sell.
LESSON: WITH MOMO VOLUME, KEEP WATCH FOR NEW ENTRY AS FLAGGED ALLOWING 9MA TO CATCH UP FOR ANOTHER +3.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-19 09:39:11 | TSLA | buy | $230.500 | long |
2014-06-19 09:41:49 | TSLA | sell | $231.700 | long |
2014-06-19 09:43:17 | TSLA | sell | $232.400 | 0 |
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