up on relief bounce. ah, i was watching this at 40.40's for literally 30 seconds, flag was solid, and thinking "is it time to get in"? then it went. so i got in late at 40.82 then when it hit the resistance around 41.2, i thought i should get out or atleast sell half but i felt i needed to hold cuz i missed out on .40 from being late. one mistake led to another.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-03 10:27:00 | MBLY | buy | $40.820 | long |
2014-12-03 10:56:00 | MBLY | sell | $40.850 | 0 |
Nape, i just posted this 5 minutes ago! always appreciate your input! half position and adding is a good idea.
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If you feel you got in late, next time take a half position and if the stock present another setup add more.
Key price support here in that $40.50ish area..http://screencast.com/t/39V2DiGMOan3