PLAY: Triple tap flag
Stock ran on earnings, put in a high, pb and tried to break out but didn't. When it made a higher low, it looked ready to go on another run. Got in when it volume came in and sold partial in run up and then was a failed break out. Got stopped at buy price.
Reasons to sell:spike, decrease risk if failed break out
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-12 11:33:30 | BONT | buy | $6.260 | long |
2015-03-12 11:34:10 | BONT | sell | $6.340 | long |
2015-03-12 11:36:01 | BONT | sell | $6.240 | 0 |
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