Continuation play on daily chart. Took long position when stock was flagging but I didn't wait for confirmation and sold when stock briefly pierced through 9EMA I thought it might break on the downside. Re-entered trade on confirmation of breakout and scaled out into spikes.
Gain: $100 aggregate
Shares: 200 each trade
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-26 11:06:10 | TWTR | buy | $40.740 | long |
2014-06-26 11:12:57 | TWTR | sell | $40.600 | 0 |
2014-06-26 11:21:23 | TWTR | buy | $40.820 | long |
2014-06-26 13:04:19 | TWTR | sell | $41.240 | long |
2014-06-26 13:30:30 | TWTR | sell | $41.710 | long |
2014-06-26 14:17:13 | TWTR | sell | $41.650 | 0 |
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Nice price support at 40.50. Stop should have been just under that on first trade, but good job on the buy back!