Pullback setup. I entered once the second popped up higher than the previous with a mental stop at 12.40. The stock spiked up 20 cents but I didn't think that was enough to take a profit. Once it hit resistance it spiked down and there were to many red candles for me to try and keep my position so I exited as soon as I could.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-10 10:15:48 | LAKE | buy | $12.590 | long |
2014-12-10 10:40:50 | LAKE | sell | $12.540 | 0 |
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Worth a shot.