Shared by
Boston
This stock had my go to setup which is a 1 min flag that barely has or has no pole of the flag. Once it breaks HOD and has a nice daily chart, the stock can really run and that is exactly what happened. It popped over HOD and had a big move which I scaled out of. My first 2 exits were ok, but I sold too much of my position. The shares that I held for the bigger part of the run was only a small percentage of my full position.
I tried to trade it again when it had it's first pullback, but that stopped me out at the low of the move... But on the 5 min, it looked like it was setting up for an ABCD setup so I got in half when it started to move and then added when it was confirmed. Green on 2/3 trades on this one.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-03-22 09:43:25 | MBRX | buy | $1.230 | long |
| 2017-03-22 09:43:26 | MBRX | buy | $1.230 | long |
| 2017-03-22 09:43:27 | MBRX | buy | $1.230 | long |
| 2017-03-22 09:43:36 | MBRX | buy | $1.210 | long |
| 2017-03-22 09:43:37 | MBRX | buy | $1.210 | long |
| 2017-03-22 09:46:50 | MBRX | buy | $1.230 | long |
| 2017-03-22 09:47:33 | MBRX | buy | $1.250 | long |
| 2017-03-22 09:48:22 | MBRX | sell | $1.300 | long |
| 2017-03-22 09:48:52 | MBRX | sell | $1.320 | long |
| 2017-03-22 09:51:37 | MBRX | sell | $1.350 | long |
| 2017-03-22 09:52:03 | MBRX | sell | $1.380 | long |
| 2017-03-22 09:52:17 | MBRX | sell | $1.330 | 0 |
| 2017-03-22 09:59:17 | MBRX | buy | $1.390 | long |
| 2017-03-22 09:59:19 | MBRX | buy | $1.400 | long |
| 2017-03-22 09:59:22 | MBRX | buy | $1.420 | long |
| 2017-03-22 09:59:38 | MBRX | sell | $1.420 | long |
| 2017-03-22 09:59:41 | MBRX | sell | $1.420 | long |
| 2017-03-22 10:00:08 | MBRX | sell | $1.410 | 0 |
| 2017-03-22 10:20:26 | MBRX | buy | $1.360 | long |
| 2017-03-22 10:21:02 | MBRX | buy | $1.370 | long |
| 2017-03-22 10:32:41 | MBRX | sell | $1.310 | 0 |
| 2017-03-22 10:38:55 | MBRX | buy | $1.350 | long |
| 2017-03-22 10:40:10 | MBRX | buy | $1.370 | long |
| 2017-03-22 10:40:44 | MBRX | buy | $1.410 | long |
| 2017-03-22 10:42:22 | MBRX | sell | $1.430 | long |
| 2017-03-22 10:42:40 | MBRX | sell | $1.460 | long |
| 2017-03-22 10:50:32 | MBRX | sell | $1.480 | long |
| 2017-03-22 10:53:44 | MBRX | sell | $1.420 | 0 |
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