Shared by
JimFrey
Daily revealed a bounce off of daily support @96.60 without specific catalyst. However, PA entered a prior gap pocket. I saw a Bull Flag develop on the 5min and took a starter long. Added to position as the pattern started to resolve to the upside and scaled out at strong Daily resistance level and pivot.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-06-02 10:55:27 | WYNN | buy | $98.640 | long |
| 2016-06-02 10:55:59 | WYNN | buy | $98.550 | long |
| 2016-06-02 11:11:02 | WYNN | buy | $98.870 | long |
| 2016-06-02 11:16:22 | WYNN | buy | $99.150 | long |
| 2016-06-02 11:42:03 | WYNN | sell | $99.450 | long |
| 2016-06-02 11:48:10 | WYNN | sell | $99.670 | 0 |
| 2016-06-02 11:59:04 | WYNN | buy | $99.610 | long |
| 2016-06-02 12:01:34 | WYNN | sell | $99.470 | 0 |
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