Shared by
josiah
This one was a 5 minute cup with a nested 2 and 1 minute cup near the MAs. Pretty pattern after the stock had sold off all day, however, it was less ideal because it was coming into the 60 level which it had pivoted on intraday already. I didn't notice that at the time, which was an error. However, the trade worked well regardless, but after getting to 1st target, couldn't hold the 60 and sold back off under it. I stopped the last 1/3 at break even. Good trade, good job, good management!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-10-14 12:31:58 | JPM | buy | $59.960 | long |
| 2015-10-14 12:41:09 | JPM | sell | $60.150 | long |
| 2015-10-14 12:44:01 | JPM | sell | $60.130 | long |
| 2015-10-14 13:03:08 | JPM | sell | $59.960 | 0 |
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