I found this gapping up in the morning and did not see a clear level of resistance until $6 so I'm thinking this was a homerun. I entered preempting what I thought would be a flag breakout and the breakout failed. I flattened my position once I felt it wasn't breaking out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-02-24 09:55:02 | CEMP | buy | $4.350 | long |
2017-02-24 09:55:32 | CEMP | sell | $4.350 | 0 |
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