Shared by
youngcb1_BOWS
Long flag started to develop. I entered a long position but got stopped out the first time as the stock wasn't ready to break upwards. I re-entered once the stock made another attempt. It broke out but hit resistance at $65. It tried multiple times but failed, and that should of been my indication to take profits. Instead I waited too long as it dropped down to support at $64.65. It made one last attempt but it didn't nearly get as close to the previous highs so I just exited my position.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-11-06 15:05:32 | SPLK | buy | $64.610 | long |
| 2014-11-06 15:07:57 | SPLK | sell | $64.440 | 0 |
| 2014-11-06 15:15:58 | SPLK | buy | $64.620 | long |
| 2014-11-06 15:57:05 | SPLK | sell | $64.830 | 0 |
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