Play: Flag/ORB
Gapped up, was coiling up real tight. Got in when broke out with momentum but it just retraced and stopped me out.
Should have gotten back in it but the long wicks kept me away to not get caught into another fake break out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-30 10:20:40 | GPRO | buy | $39.150 | long |
2014-06-30 10:21:25 | GPRO | sell | $38.850 | 0 |
I tried to get it on the break out with confirmation but it retraced and then ripped back up. I thought it had put in a bottom.
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Where you sold at is where the idea entry was at.