Long 300 at 11.85, stop 11.4
Nice run up on heavy volume after pulling back to 20ma.
Flagged for about 20mins in tight range with lesser volume and then broke out again at my buy point. - Timing is everything !!
Only resistance overhead is on daily chart at 20ma 12.28
Broke down through rising trendline under recent lows and under 20ma which has flattened out
Stopped out 11.4 after letting a profitable spike disappear and then some
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-26 13:15:00 | NDRM | buy | $11.850 | long |
2015-01-26 15:29:35 | NDRM | sell | $11.400 | 0 |
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