Saw what I thought was a continuation of a flat top breakout on the daily chart. Bought into an intraday flag pattern on near the 9 ema on a sign of strength. Bought 600 shares at $12.97. Sold half near previous high at $13.16. A price reversal followed and I was stopped out of the rest of my shares at my entry price.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-09-29 09:50:00 | GOGO | buy | $12.970 | long |
2016-09-29 10:01:00 | GOGO | sell | $13.160 | long |
2016-09-29 10:06:00 | GOGO | sell | $12.970 | 0 |
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