Shared by
firesky_BOWS
LONG SWING POSITION: Bull flag on the daily with nice volume and the 20day SMA wrapping underneath. Flag already broke to the downside once which is worrisome but it recovered. I've placed my stop at $48.45, with targets at $49.65, $50.50, $51.60 and $53.60. Corresponding R/Rs are 1.0, 2.4, 4.3 and 7.6 respectively.
3/12/2015: Hit first target, took profit. Moved stop to entry.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-06 15:15:00 | GNRC | buy | $49.050 | long |
| 2015-03-12 09:37:00 | GNRC | sell | $49.650 | long |
| 2015-03-13 09:54:00 | GNRC | sell | $49.050 | 0 |
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