Lol, nice morning breakout. I really did not expect this to work which is why I only took 100 shares, but it turned out pretty good. Probably should have just taken it all at 28.9ish but I wanted to let it play out. Sold when it cracked the moving average and violated the trend. +$19.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-05 09:40:39 | DFT | buy | $25.490 | long |
2013-04-05 12:00:01 | DFT | sell | $25.680 | 0 |
Yes I was, that's why I didn't expect it to work. I actually tried to cancel at the last second but it filled anyway, lol, so it was almost a no-go! You're exactly right though, it was very extended and it should not have worked as well as it did. Haha
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Nice Chris. This stock is strong relative to market, but were you concerned with long entry after two huge candles?