$LL had it on my radar from scanning... Daily setup was nice entered at $18.60 in anticipation of the breakout....there was small channel between $18.40-$18.70 to start entry and feel it out.
once it took off just trimmed and trailed and made notes :
$LL- 9:41 Long 1000 shares $18.60 stop at $18.45
10:15 AM- adjusted stop to above entry for free trade if goes against me now. Stop moved to $18.65
$LL-10:21 AM- sold 350 shares @ $19.20- 650 shrs left stop at $18.65
$LL-10:32 AM- sold 200 shares @ $19.37 – 450 left stop at $18.65
$LL-10:51 AM- sold 200 shares @ $19.67- 250 left (lottos) stop moved to $19
$LL-11:30 AM- sold 150 shares @ $19.98-100 left (lottos) stop @ $19.45
$LL-12:39 AM-sold 100 lottos closed position at $19.73
*HINDSIGHT- could have made more money shorting the fade the rest of the day.. it is now 30 min after I closed to position and it is down .50 cents.. could have made more.. so always watch the intraday fade after the rip.. or the fade the day after the rip.. the story isint over after you close your long .
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-09-29 09:41:17 | LL | buy | $18.600 | long |
2016-09-29 10:21:35 | LL | sell | $19.200 | long |
2016-09-29 10:32:51 | LL | sell | $19.370 | long |
2016-09-29 10:51:17 | LL | sell | $19.670 | long |
2016-09-29 11:30:38 | LL | sell | $19.980 | long |
2016-09-29 12:39:08 | LL | sell | $19.730 | 0 |
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