Shared by
oly_BOWS
breakout/flab breakout
This was off a playlist posted by SMB capital and I liked how it was acting
getting in early, real level will be 62.50, so very early but sized for that level with stop 61.79.
It held 9ema and eventually made the break I expected. spy was flagging out bullish after it filled the morning gap down.
scaled half near daily resistance and moved stop b/e
made a new break around 11 and I moved stop up to 62.59 below last flag area
set target 64.89 fair below 65 for remaining shares, acting weak into lunch so watching how it behaves
dumped and stopped out before I could get a limit filled
The extra buy/sell at .13ish was due to a bad bracket order, not intended (and got back to correct size)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-08-17 10:20:00 | MBLY | buy | $62.178 | long |
| 2015-08-17 10:39:00 | MBLY | sell | $63.170 | long |
| 2015-08-17 10:39:33 | MBLY | buy | $63.125 | long |
| 2015-08-17 10:47:00 | MBLY | sell | $63.130 | long |
| 2015-08-17 11:48:00 | MBLY | sell | $62.536 | 0 |
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