My entry was a little early. I probably should have waited a while longer. There was strong resistance that I thought would turn into support around the 34.90 level. So I figured I would buy 100 there and if it went lower, would buy the other half of the position. Never did buy the other half but the stock traded back above that resistance level and broke out. I sold the shares on the run up. Wasn't much follow through but I will have on watch for next week.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-21 11:29:24 | NLNK | buy | $34.900 | long |
2014-11-21 12:47:07 | NLNK | sell | $35.307 | long |
2014-11-21 13:17:34 | NLNK | sell | $35.525 | 0 |
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Let the stock put in a bottom followed by a higher high, then look for an entry..http://screencast.com/t/hyS2mobxNr