Solid trade. First 3 candles were green which indicts that there is an edge that it wants to break to the up side.
Could only take 100 shares because of 50 cent stop.
Hard to say this is an A setup, I would say its B setup as its a wedge and it could go in either direction,
Down the road this might be a A setup
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-08 10:22:14 | COST | buy | $158.770 | long |
2016-12-08 10:34:35 | COST | sell | $159.650 | long |
2016-12-08 10:36:46 | COST | sell | $159.690 | long |
2016-12-08 10:40:23 | COST | sell | $160.072 | long |
2016-12-08 10:44:48 | COST | sell | $160.100 | 0 |
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Nice trade!