The stock tried to hold 50MA on daily and was basing above intraday MAs after strong run. Bought flag breakout.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-20 11:00:21 | CRM | buy | $59.020 | long |
2014-11-20 11:00:22 | CRM | buy | $59.018 | long |
2014-11-20 11:44:56 | CRM | sell | $59.400 | long |
2014-11-20 11:44:56 | CRM | sell | $59.400 | long |
2014-11-20 11:58:47 | CRM | sell | $59.212 | long |
2014-11-20 11:58:48 | CRM | sell | $59.211 | 0 |
I'm not sure I take this trade the bounce started to happen and it made it to the top of the range of the day. Your upside is limited at that point you did manage the Tradewell and have really good exits
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Nice trade and great exit.