The volume pattern read of a flag to me that is why I took the trade,the price action speaks otherwise. Took a small position, sold half into the initial spike and was stopped out the rest after adjusting my stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-20 13:07:56 | SUNE | buy | $17.820 | long |
2014-10-20 13:26:58 | SUNE | sell | $18.150 | long |
2014-10-20 14:00:01 | SUNE | sell | $17.820 | 0 |
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