chased this one... i had a breakout alert set on this at 11.96, it flew right through that and left me to chase it a bit with thin volume.. made it hard to get a good read on the price action and ultimately stopped out.. i entered thinking it was breaking out of an intraday coil/flag and would put in another leg higher which didnt work.. shouldnt have been trying that sort of play with a red day in the markets, i know better than that!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-25 11:17:45 | MNTX | buy | $13.030 | long |
2013-03-25 12:10:52 | MNTX | sell | $12.930 | long |
2013-03-25 12:11:20 | MNTX | sell | $12.930 | 0 |
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oh boy. why not the earlier breaks. rembmer the first few moves are the most powerul then stocks just chill for most of the day into the close.. u got to get in earlier!