Intraday flag breakout. Coal stocks (ACI, ANR, etc) were running so I figured this one was next. It had daily resistance at $17.85 so I cut the last shares just a bit under there...I don't think anyone expected it to go on such a ridiculous run but damn...what a rip. I really liked the entry on this one, with my stop set at $17.30. I really could have afforded to take 2k or 2500 on this one!
1000 shares
+$239.00 (2.01%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-09 11:47:38 | BTU | buy | $17.380 | long |
2013-08-09 11:55:57 | BTU | sell | $17.550 | long |
2013-08-09 12:07:33 | BTU | sell | $17.660 | long |
2013-08-09 12:11:07 | BTU | sell | $17.730 | 0 |
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Nice trade!