Shared by
Boston
I took this trade on the 1 min chart, but on the 5 min chart, this stock was over extended. My big problem is getting into stocks when they are over extended. Just because the bull flag looks good on the 1 min, it needs to line up with the 5 min and NOT be over extended on either.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-03-14 09:57:18 | NVLS | buy | $3.440 | long |
| 2017-03-14 09:57:29 | NVLS | buy | $3.470 | long |
| 2017-03-14 09:57:30 | NVLS | buy | $3.470 | long |
| 2017-03-14 09:57:36 | NVLS | buy | $3.450 | long |
| 2017-03-14 09:58:14 | NVLS | buy | $3.450 | long |
| 2017-03-14 10:02:29 | NVLS | buy | $3.400 | long |
| 2017-03-14 10:03:13 | NVLS | sell | $3.340 | 0 |
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