There were a new reasons I entered this today. One was the huge run it had yesterday. My entries were based on the strong r/g move and pullback. Also used the 30min chart which was strong and was also setting up a big 2 day flag to break over yesterdays high. I failed to realize the time of day to know that I was in for consolidation time and I got myself out before the crazy run it had.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-01 10:34:10 | KITE | buy | $71.660 | long |
2017-03-01 11:02:30 | KITE | sell | $72.350 | long |
2017-03-01 11:06:31 | KITE | sell | $72.380 | 0 |
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