Saw flag breakout on daily chart. Bought into an intraday flag pattern near the 9 ema on a sign of strength. Paid $17.46 for 600 shares. Sold half at $17.54 and was stopped out of the other half at my entry price. Shouldn't have taken this trade. Stock ran up almost 90 cents in the first 30 minutes without taking a substantial pullback/consolidation. I got lucky and was able to make a small profit, but wouldn't say this was a wise trade to make.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-04 10:15:00 | GPRO | buy | $17.460 | long |
2016-10-04 10:35:00 | GPRO | sell | $17.540 | long |
2016-10-04 10:36:00 | GPRO | sell | $17.460 | 0 |
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