2-day flag break. the chart here doesn't really show it but YY was consolidating under $33.50 all day yesterday and looked great for a breakout this morning. I decided to cut it flat when the breakout candle immediately got pushed back down. It consolidated under $33.50 all day again today so I suspect the next time it breaks that area it will push more.
Here is a better chart with my entry at the blue arrow:
200 shares
+$6.04 (0.08%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-12 09:36:19 | YY | buy | $33.480 | long |
2013-07-12 09:41:58 | YY | sell | $33.510 | 0 |
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