Play: Bull Flag
Great looking flag, stock ran up, was a bit extended but held, made higher lows, tapped trendline without breaking out as it was extended, it consolidated a bit, made another higher low and started going so had to take it. Sold into round # as this could be resistance (and was getting real extended at this point) which it was then stopped me out at buy price. Thought there would be more follow through but it was lunch and a bit extended so should have taken it for a quick scalp.
Reasons to sell: round #, buy price
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-11 11:51:45 | ZIOP | buy | $9.910 | long |
2015-02-11 11:52:50 | ZIOP | sell | $9.980 | long |
2015-02-11 11:53:44 | ZIOP | sell | $9.890 | 0 |
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