opened above yesterday's indecision candle on daily chart and then was holding above the 9 and 20ema intraday. I bought too far from the 9ema though ($0.22 away).
first target was $50.50 area but it never got there. I saw a flat top near $50.30 with rising lows but no breakout. exit strategy was if it broke the 9ema by $0.05, which I eventually got stopped out by.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-16 10:27:00 | ACAD | buy | $49.980 | long |
2015-07-16 12:21:00 | ACAD | sell | $50.130 | 0 |
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