Saw this breakout on the daily on a PR release. Waited for the first flag to form and let er rip. Took profits on half maybe a little too soon, but let the rest ride quite a bit.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-03 10:25:56 | OREX | buy | $7.010 | long |
2015-03-03 10:40:24 | OREX | sell | $7.150 | long |
2015-03-03 11:10:16 | OREX | sell | $8.380 | 0 |
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Great entry and yeah you took profits a bit too quick but not bad over all. Waiting to take profits is one of the hardest things to do when you're new to this.