PRBI was one of 2 stocks on my focus list today. The reasons I liked it was it closed extremely strong yesterday and has a nice flag formation on the daily. It pulled back in the morning and was below the 20 ema briefly but starting showing strength as it remounted the 9. Since I had a long bias on it and was waiting for a setup, this seemed like the time it would go higher if that is what it was meant to do. I also felt good about it and I notice every time I feel really good about a setup Im seeing, it ends up being a winner. Have to remember that and try to only take a trade when I can really see and understand what I am seeing.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-19 10:04:40 | PTBI | buy | $9.350 | long |
2015-05-19 10:22:52 | PTBI | sell | $9.810 | long |
2015-05-19 10:48:11 | PTBI | sell | $10.050 | 0 |
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