Possible exhaustion move on daily chart. Morning momentum and tight coiling around MA20 on 5min. Bought on breakout as volume increased. Stock pulled back but never got below breakout level, so I held. Sold on a trailing stop, but should actually raise my stop below MA20, so I lost about 10c on this one.
Shares traded: 680
Closed P&L: $53.63
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-11 12:50:52 | KMX | buy | $44.920 | long |
2013-04-11 15:21:29 | KMX | sell | $45.080 | long |
2013-04-11 15:21:29 | KMX | sell | $45.060 | 0 |
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