Still haven't named this setup but it's essentially a base breakout where the MA acts as resistance but the price action below the MAs are showing strength (higher lows). When price breaks through, the stock typically moves up strongly as it was coiled up below the MAs.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-22 09:50:28 | X | buy | $8.360 | long |
2015-12-22 10:05:04 | X | buy | $8.320 | long |
2015-12-22 10:39:25 | X | sell | $8.520 | long |
2015-12-22 10:52:59 | X | sell | $8.680 | 0 |
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