Grade=C
The setup: flag
The result: I can't help but feel a bit lucky on this one. It was flagging just above the r/g line and I was trying to gauge the direction it would take out of this consolidation. I was patient for a while, then the SPY brok 195 out if its flag, so I bought in and got the move right away. I had a pretty good feel on the scaling out, as well and got most of this move.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-24 12:23:55 | GILD | buy | $105.670 | long |
2015-08-24 12:25:48 | GILD | sell | $106.000 | long |
2015-08-24 12:27:00 | GILD | sell | $106.500 | long |
2015-08-24 12:28:38 | GILD | sell | $106.440 | 0 |
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