Stock dropped significantly and pattern was messy. I noticed it resembled a double bottomed and noticed its double bottom then came back above VWAP; I chased the entry a little; I should got in slightly above VWAP; sell 1/2 and sell last 1/2 when it exceeded 62% fib level and bull flag failure. Total +12
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-28 12:31:00 | UTIW | buy | $14.230 | long |
2013-03-28 12:48:00 | UTIW | sell | $14.380 | long |
2013-03-28 13:14:00 | UTIW | sell | $14.460 | 0 |
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PERFECT! You nailed it man. With 1k shares that's an easy $150-200!