Swing trade just under the 20dma. Low float of only 8.0m. Full position entry at $32.69, Target at $41, Stop at $31.69.
I should have kept an eye on the 5m chart and the downtrend that started after 10am. Exit at $34.82. +$426.00
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-02 09:32:00 | LOCO | buy | $32.690 | long |
2014-09-03 12:13:00 | LOCO | sell | $34.820 | 0 |
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Nice one!