Run up, into mid morning/ early afternoon consolidation. Started flagging and bought the breakout. The breakout had no juice. Need to stay away from breakouts during the lull, they tend to not work.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-08-30 13:09:31 | JMEI | buy | $5.730 | long |
2016-08-30 13:12:29 | JMEI | sell | $5.770 | long |
2016-08-30 13:21:09 | JMEI | sell | $5.730 | 0 |
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