Pretty good trade.
Setup on daily: PR Breakout
Setup intraday: Double Bottom
Reasons to enter: price close to 9EMA.
Concerns: resistance around $3.84 on daily.
Stop: $3.50 - under 9EMA.
First target: $3.70 - near HOD.
R/R 1:1 - not good!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-04 12:21:00 | VPCO | buy | $3.600 | long |
2014-11-04 12:35:00 | VPCO | sell | $3.730 | long |
2014-11-04 12:40:00 | VPCO | sell | $3.770 | 0 |
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