This stock had a flag breakout and I longed the pullback. The 9 EMA held for a split second after that and then cracked. I only risked about 10 cents so as with all my stops it was a small loss. I can't understand why this stock went raging for 50 cents and then didn't follow up with any type of move intraday.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-14 10:32:57 | INO | buy | $9.550 | long |
2016-04-14 10:38:11 | INO | sell | $9.460 | 0 |
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