ORB play. watched to see if the flag was still coiling. realized that it was breaking down due to the increase in volume on my entry and the relative distribution volume before. entered and scaled out some shares on the 1st spike. ended up selling the rest since I decided to call it a day. made a profit of $179.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-12 10:03:00 | INSY | sell | $33.800 | short |
2014-08-12 10:12:00 | INSY | buy | $33.140 | short |
2014-08-12 10:14:00 | INSY | buy | $32.670 | 0 |
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Great trade Kelly!