Profit $74.98. Nothing special on the chart, but it's my biggest profit on a single trade!
It was basing and I was thinking it would squeeze. I was afraid to enter on anticipation though and I was waiting for confirmation. It's not visible here, but when the price suddenly spiked from $6.70 to $6.77, I bought. I didn't set a physical stop in case I would get faked out, because the stop was close. I like this setup and I usually do well on them. I sold the first portion at my first target and kept scaling out as it went higher.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-06 13:59:00 | NERV | buy | $6.770 | long |
2015-01-06 14:06:00 | NERV | sell | $6.860 | long |
2015-01-06 14:07:00 | NERV | sell | $6.960 | long |
2015-01-06 14:14:00 | NERV | sell | $6.980 | long |
2015-01-06 14:16:00 | NERV | sell | $6.900 | 0 |
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