Breakout on strong volume, then pulled back on low volume to price and moving average support.
Stop: 39.71
Target: 43.80
Risk: $7.00
Update: Stopped out when it gap below stop, ended up selling at LODs, could have moved stop to below LOD and see how it reacted after the gap down. Also, looser stop below 39.50 would have kept the trade alive.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-09 09:55:52 | BID | buy | $40.410 | long |
2014-07-10 09:31:03 | BID | sell | $39.790 | 0 |
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