Shared by
tee
Day Chart: Gap up and run
Buy: break flag (missed by .10, bought break of day high)
Sell: second attempt to break $4.00 and didn't to ride it down again to near buy price as it did earlier on 1st attempt.
Lesson: buy cleaner because .10 in this stock is a big deal.
scale out strategy would have helped in this type of spike then fade price action.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-04-14 10:33:00 | SZYM | buy | $3.750 | long |
| 2015-04-14 13:03:00 | SZYM | sell | $3.860 | 0 |
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