Flat top break out occurred. I entered a long position with a stop at $4.15. The stock did a fake spike up and pulled back down but I held my position. It began to run up and I scaled out 100 shares and left 100 in the position. The stock attempted to break through resistance but continued to get rejected. Eventually the stock reversed so I covered the rest of my shares.
This stock had a very small spread, so the profit was extremely small.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-03 09:42:15 | GDP | buy | $4.200 | long |
2014-12-03 10:01:58 | GDP | sell | $4.300 | long |
2014-12-03 10:06:27 | GDP | sell | $4.230 | 0 |
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