Double Bottom Bounce.
Bought the Stock at 18.06 When It double bottomed at 17.96 risked 10 Cents, Sold into the spike.
In 18.06
Risk 17.96
Exit 18.28
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-11 10:05:24 | CSIQ | buy | $18.060 | long |
2016-05-11 10:07:58 | CSIQ | sell | $18.280 | 0 |
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Nice entry. Not sure why you exited there, but it turned out to be real nice. But, it's hard to use a bottoming pattern setup on a stock that is setting up long. Rather than a "double bottom" I see this as a nice intraday flag that eventually failed http://screencast.com/t/B9P0LLw2Z