Daily: earnings breakout continuation
Intraday: squeeze zone
After flushing in the morning, it coiled under 43 resistance. Entered on break of 43 resistance with risk of 0.20, scaled out quickly on spikes as volume seemed to be lacking.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-28 13:11:01 | MLNX | buy | $43.040 | long |
2014-07-28 13:15:10 | MLNX | sell | $43.180 | long |
2014-07-28 13:15:41 | MLNX | sell | $43.250 | long |
2014-07-28 13:22:03 | MLNX | sell | $43.390 | long |
2014-07-28 13:43:24 | MLNX | sell | $43.540 | 0 |
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Nice entry!