Shared by
Boston
This stock had a nice flat top bull flag that formed in the morning. It looked good on both the 1 min chart and the 5 min chart which is why I really liked it. Looking back at the trade, this stock looked over extended on the daily chart, but since it was breaking the highs of the previous day's candle, I went for the bull flag break intraday. Also, since this was in the morning, we had a better chance of getting a quick strong pop which I capitalized on.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-04-04 10:15:48 | IGC | buy | $0.7251 | long |
| 2017-04-04 10:15:54 | IGC | buy | $0.7252 | long |
| 2017-04-04 10:16:53 | IGC | sell | $0.7616 | long |
| 2017-04-04 10:18:09 | IGC | sell | $0.7903 | long |
| 2017-04-04 10:19:00 | IGC | sell | $0.7397 | 0 |
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