This stock was getting close to being over extended and the reason this flag is not a flag is because it was under the VWAP. At this time of day, I am looking for stocks to pullback to the VWAP, not go under it. I was longing into resistance and this stock was already somewhat over extended.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-24 11:04:59 | LRCX | buy | $128.500 | long |
2017-03-24 11:05:21 | LRCX | buy | $128.550 | long |
2017-03-24 11:09:19 | LRCX | buy | $128.540 | long |
2017-03-24 11:10:55 | LRCX | sell | $128.500 | long |
2017-03-24 11:11:13 | LRCX | sell | $128.540 | long |
2017-03-24 11:17:36 | LRCX | sell | $128.430 | 0 |
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