It was very nice gap up play. This stock showed its weakness right after it gapped up, and then it consolidated at some area near $43.50 level. As for me, there was a bear flag at that point. Sold it with a tight stop right above the $43.50 level. The trade was good, especially the entry point, but i quit too early. If I waited, i will took a profit about a $1.
Risk/reward ratio: 1/4. Gain in %: +1,17%
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-22 11:35:22 | HUBG | sell | $43.370 | short |
2015-07-22 12:29:09 | HUBG | buy | $42.860 | 0 |
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