This stock had an overbought pullback so I made my at an intraday pullback...
WEEKLY STUDY ANALYSIS 02/13-02/18/2015: Broke rule did not notice this stock just spiked from a 50 SMA bounce....and ran into resistance...I played the second tap of a potential flatop setup on this stock....I broke the rules which never trade into extended resistance..the stochastics was over bought....and second tap for a future flat top setup...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-13 08:33:01 | CYTK | buy | $7.730 | long |
2015-02-13 09:04:06 | CYTK | sell | $7.650 | 0 |
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