Play: flag
I liked the potential on this one as it wasn't breaking down and holding its lows. when it got real tight and there was movement, I got in. First target was HOD at 7.09 where it stalled but it never reached. It got close but tried to remain patient. When I saw a lot of resistance on 7 and had trouble getting above again, I got out to decrease risk. It ended up stopping me out on the rest.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-11 10:36:31 | DRL | buy | $6.890 | long |
2014-08-11 10:46:26 | DRL | sell | $6.990 | long |
2014-08-11 10:52:04 | DRL | sell | $6.850 | 0 |
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Nice quicky