Beat revs and earnings and guidance was in line for 2016.
Premarket it looked as if it was consolidating in a flag pattern with 275 holding pretty well.
My plan was to scale in starting small around 275 and building my position toward 270s.. however the quick spike into 280s around 9:35am and failing the 280 level made me wary of my long idea.
It consolidated a bit around 275 and once it broke the uptrend line I let it go and wanted to see how 270 would hold as support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-27 09:45:23 | BIIB | buy | $275.750 | long |
2016-01-27 09:49:02 | BIIB | buy | $274.730 | long |
2016-01-27 10:04:30 | BIIB | sell | $272.010 | 0 |
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