Saw this stock was tapping 20.5 so knew it was important resistance. entered long after breakout. stock was slow so I decided to exit. Kunal, is it not a good pattern to trade? I thought it looked okay and had good RR.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-01-31 13:46:37 | PHM | buy | $20.530 | long |
2013-01-31 14:50:23 | PHM | sell | $20.680 | 0 |
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not sure on this trade. see the daily chart there is so much supply at 21 ur reward is very small on this trade shorterm! intraday i htink u had a decent look but not the overall look