My saviour of the day. I had took a short break right before entering this trade to clear my head. I came back and found this one on my 4% gainers scan. It was forming a flag/day-long consolidation with the EMAs squeezing up underneath. I went long 2000 shares at 3.22 with a stop at 3.15. I scaled out 500 shares at 3.36 and another 500 at 3.38 into the pop. I waited for a second move after it began to consolidate right above the EMAs. The move came and I sold 500 at 3.45 and 500 at 3.44 when it looked like it was beginning to stall out. It was also very overbought on the daily at this time so I was looking to exit quickly if the second pop came.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-11 12:24:13 | SZYM | buy | $3.220 | long |
2015-03-11 13:02:35 | SZYM | sell | $3.360 | long |
2015-03-11 13:03:32 | SZYM | sell | $3.380 | long |
2015-03-11 14:27:12 | SZYM | sell | $3.450 | long |
2015-03-11 14:37:59 | SZYM | sell | $3.440 | 0 |
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