Bio stock breaking the flag on the daily.When it ramped up and pulled back to the 9 ema,I tried to go long a couple of times but got stopped out.Stock wasnt ready yet until later the day when it formed a day long flag pattern at 1 PM.Took a small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-07 10:11:39 | ALDR | buy | $26.700 | long |
2016-04-07 10:12:55 | ALDR | sell | $26.340 | 0 |
2016-04-07 10:15:19 | ALDR | buy | $26.590 | long |
2016-04-07 10:18:26 | ALDR | sell | $26.320 | 0 |
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this is a big chase.. look at those tails on the candles and how sleepy it was the flag