I was looking for a morning flag and thought I got it, but it just didn't end up working out. The stock was a little over extended because it had a large pop in the morning so it wasn't too surprising that this didn't work out. I needed to be more patient and wait till this stock gave me a better looking flag on the 5 min chart because it ran later in the day.
I had two tries on this stock. The first entries were good but then I got stopped out. The second try on this stock was NOT a good setup at all and was just throwing money away at that point.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-04-10 09:37:17 | BPMX | buy | $0.6950 | long |
2017-04-10 09:37:19 | BPMX | buy | $0.6950 | long |
2017-04-10 09:45:37 | BPMX | buy | $0.6874 | long |
2017-04-10 09:45:56 | BPMX | buy | $0.6948 | long |
2017-04-10 09:46:00 | BPMX | buy | $0.6948 | long |
2017-04-10 09:55:48 | BPMX | sell | $0.6720 | 0 |
2017-04-10 10:09:59 | BPMX | buy | $0.6820 | long |
2017-04-10 10:16:43 | BPMX | sell | $0.6680 | 0 |
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