Looked like this was squeezing back and so I bought once it moved above the MAs. I scaled out in halves into the spike.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-30 14:39:43 | GMCR | buy | $124.190 | long |
2014-06-30 15:09:05 | GMCR | sell | $124.660 | long |
2014-06-30 15:26:12 | GMCR | sell | $124.620 | 0 |
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Nice play for the squeeze over the both ema's.