Shared by
Boston
I thought I saw a bull flag setup but this stock opened weak. On my first entry, I got stopped out almost immediately and then re-entered when the stock looked like it was rounding a little and a clear trendline/breakout spot was visible. Although I made some money back on this trade for a small win, I would not have taken this trade again because the stock did open up weak. The only time I would consider taking a trade like this is when there is a flat top breakout.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-03-31 09:40:33 | FMC | buy | $70.620 | long |
| 2017-03-31 09:40:58 | FMC | sell | $70.180 | 0 |
| 2017-03-31 09:48:02 | FMC | buy | $71.060 | long |
| 2017-03-31 09:48:15 | FMC | buy | $70.980 | long |
| 2017-03-31 09:55:40 | FMC | sell | $71.710 | long |
| 2017-03-31 09:56:52 | FMC | sell | $71.380 | 0 |
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