Looked like a bullish pattern was forming with higher lows forming. I bought near the 9 EMA and scaled out half of my position on the first pop. The pop was quickly faded and I was stopped out at my entry price resulting in a small gain. When looking at the daily, signs of weakness were emerging and the stock was also running directly into resistance.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-17 11:18:11 | TRIP | buy | $84.590 | long |
2015-02-17 11:23:57 | TRIP | sell | $84.870 | long |
2015-02-17 11:35:37 | TRIP | sell | $84.500 | 0 |
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