Day Long Consolidation play... ended up being best trade of the day. MA and VWAP provided nice support to propel the stock.
Concerns: Stop was $6.98 at the 9ema which was a little far away from my entry, feels like I chased the play initially but it broke out eventually. I got out a bit too early as well as the price went up to $8 so I have to work on being able to ride out the winning plays.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-11-30 13:14:30 | GLBS | buy | $7.100 | long |
2016-11-30 13:14:31 | GLBS | buy | $7.105 | long |
2016-11-30 13:32:44 | GLBS | sell | $7.560 | long |
2016-11-30 13:36:56 | GLBS | sell | $7.610 | 0 |
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