Flag. Also looked to be breaking out of a range on the daily
Stop 75.84
Around 10:55 to 11am I decided to move stop up to 76.27 or to cut this (cuz the EMA's looked to be rolling over)and was moving to do that when it started to tank & stop was hit,
Missed the Red to green move.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-05 10:40:46 | BITA | buy | $76.500 | long |
2015-01-05 10:40:46 | BITA | buy | $76.500 | long |
2015-01-05 10:40:46 | BITA | buy | $76.500 | long |
2015-01-05 10:40:46 | BITA | buy | $76.500 | long |
2015-01-05 10:40:46 | BITA | buy | $76.500 | long |
2015-01-05 11:05:39 | BITA | sell | $75.770 | 0 |
Thanks Peter, you're right, I have to remember that.
Maybe it will also slow down my tendency to chase too.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Nice entry on the 5 minute. Just for a little extra piece of mind before an entry -- sometimes I look at the 15 min or 30 min along side. You can see that in the 30 min there was a lot of room to go down from your entry. Doesn't always work perfectly but just food for thought when you are looking at a flag entry on these multi-point move stocks.