Bullflagging along the 9ema.
Should have entered earlier on the flat top break out at 28.61 but was too busy watching other charts.
I bought just before the flag break where the price then made a new high for the day.
Exited one third at 29.03.
Moved my stop too close on the rest and got stopped out on a spike yet again, just before the price bounced up again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-22 14:18:28 | CLDX | buy | $28.840 | long |
2015-04-22 14:18:28 | CLDX | buy | $28.840 | long |
2015-04-22 14:18:29 | CLDX | buy | $28.840 | long |
2015-04-22 14:39:32 | CLDX | sell | $29.030 | long |
2015-04-22 14:58:04 | CLDX | sell | $28.830 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Those late afternoon small flags rarely take off. At this hour, stocks that broke out on the daily and are daylong consolidation flags have the best chance of a powerful end of day run.