Day Chart: follow through on rounding bottom formation, price above consolidation highs
Buy: connect highs and lows to find pennant formation, bought in anticipation of continued upside
Sell: didnt test day highs
original buy point/breakout point didn't hold
Lessons: scale out when stock shows weakness
stop out at break of uptrend line for small profit
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-14 12:02:00 | ZIOP | buy | $11.450 | long |
2015-04-14 12:37:00 | ZIOP | sell | $11.310 | 0 |
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