Such a perfect breakout over $6 on the daily and was forming a nice flag intraday making higher lows. Went long anticipating an afternoon pop to the HOD but no go, should have bailed out even earlier once it broke the flag on the downside.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-09 12:13:59 | NVAX | buy | $6.380 | long |
2015-01-09 13:02:56 | NVAX | sell | $6.340 | 0 |
It's true Mari, thanks for the comment!
As this was a really nice breakout on the daily and it held the support and higher lows + MA intraday forming a nice flag I was convinced it's gonna pop later in the day at least to HOD but I was wrong obviously :/
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I guess it didn't break out in the afternoon, because it was already extended. On the daily you can see that the green candle was already long compared to other candles. It's just my theory.