I figured this could be a good scalp play.. I saw that it was uptrending and it passed former resistance. I saw there was the next level of resistance at 16.00. But when it failed to breach it, I got out and made my money... Didn't really pay attention to the stock after that. But you can see on the fourth tap near the end of the day it broke through...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-28 10:53:35 | RPRX | buy | $15.820 | long |
2013-03-28 11:08:52 | RPRX | sell | $15.900 | 0 |
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i thoguht this woudl goo too had a decent base..but it had popped like 50 cents before it broke so it might have been too extended.