Shared by
ShawnSplint_BOWS
Stock pullback to the VWAP area. I knew the stock had a lower float 11 million and had already done its float in volume up to this point so I knew it had potential to run. I was thinking of just putting in a stop and holding it the rest of the day but I wanted to lock in some profit and make up for the bad day on friday so I sold around the 10 dollar mark. As soon as I sold it, it formed a 3 candle pullback which I hesitated on re-entering which was a big mistake since the stock then ran another 3 dollars from there.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-12-12 10:37:10 | AKAO | buy | $8.730 | long |
| 2016-12-12 11:35:17 | AKAO | buy | $9.220 | long |
| 2016-12-12 13:07:18 | AKAO | sell | $10.195 | 0 |
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