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VATrader_BOWS
Intraday flag. Stock had pulled back and found support around 36.80 area early afternoon. Stochastics also showed oversold on multiple timeframe. Should have waited a bit longer before closing out all shares. Stock ran past 38 the next 30 mins. Overall, good entry and scaling in. Need to have more patience and scale out gradually.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-02-12 14:04:20 | APC | buy | $37.000 | long |
| 2016-02-12 14:08:28 | APC | buy | $37.150 | long |
| 2016-02-12 14:22:31 | APC | buy | $37.200 | long |
| 2016-02-12 14:38:09 | APC | buy | $37.390 | long |
| 2016-02-12 15:12:10 | APC | sell | $37.590 | long |
| 2016-02-12 15:16:40 | APC | sell | $37.800 | 0 |
Comments
LPeriman_BOWS
I can kinda' see the level of support http://screencast.com/t/Xe7ZzEtoYkjp plus the 20SMA on the daily, but for the life of me I can't see an intraday flag.
I thought your exits were good. Looks to me like your reasons2exit were "at short term previous resistance". Nice job.
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ill take this. good entry.