Shared by
Boston
I saw that this stock was pulling back on the 5 min chart and that it had a bull flag break out spot on the daily chart that I was hoping for a continuation intraday. But I got stopped out almost right after I entered. The intraday setup wasn't the best, the stock looked over extended and the certain type of bull flag that pulls back and rounds is the bull flag I trade the worst. But since this stock was over extended with to small of a pull back, I wouldn't have traded this. I should have been looking for a flat top formation and waited this it broke over the breakout spot.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-03-31 10:17:28 | ACIA | buy | $59.360 | long |
| 2017-03-31 10:17:48 | ACIA | buy | $59.370 | long |
| 2017-03-31 10:22:38 | ACIA | sell | $59.080 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!