This trade was planned from the night before and I am happy I was able to execute the plan successfully. I noted the stock was very oversold and bouncing off its 200 day moving average on the daily, and had a nice pop the day before. I wanted to enter on a flag/pull back in the morning, which I did, and my target was $9.50 area, the 20 day moving average on the daily. I took off half when it got a little extended to the long side and let the rest ride. Noted the shooting star candle and sold the rest.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-20 10:00:47 | IG | buy | $8.910 | long |
2015-03-20 10:00:47 | IG | buy | $8.913 | long |
2015-03-20 10:00:47 | IG | buy | $8.910 | long |
2015-03-20 10:00:47 | IG | buy | $8.910 | long |
2015-03-20 10:59:41 | IG | sell | $9.230 | long |
2015-03-20 10:59:41 | IG | sell | $9.230 | long |
2015-03-20 11:19:18 | IG | sell | $9.290 | long |
2015-03-20 11:19:18 | IG | sell | $9.290 | 0 |
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