Daily: Possible triple tap breakout.
Intraday: Messy flag but it began to coil. The stock broke its resistance. I caught it little late but still had enough opportunity to turn it into a scalp trade. I should've either bought 200 shares to take some profits or exited once it hit the $28.05 area. Instead I exited once it came back down to my buy price. I attempted to re-enter but it was way too late and then I let the stock drop 15 cents or so before I exited. The lessoned learned is to take my profits when a stock rest or hits a peak and don't chase a stock after you missed 1 or 2 entry plays. There will always be more stocks to play.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-08 09:51:48 | JD | buy | $27.950 | long |
2014-08-08 10:01:47 | JD | sell | $27.970 | 0 |
2014-08-08 10:17:58 | JD | buy | $28.150 | long |
2014-08-08 10:18:46 | JD | sell | $27.940 | 0 |
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