This came up on my gapper list. PR breakout setup. I missed the initial ORB at 8:40 am but waited for a little pullback to enter. I got a little pullback at 8:45 am so I entered. I scaled out on the ramp up and closed out at the identified resistance at $29.50 area.
Take away:
Great scale out at the top.
I could have pre-empted the ORB better.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-04-06 09:45:06 | SUN | buy | $28.190 | long |
2017-04-06 09:54:27 | SUN | sell | $28.600 | long |
2017-04-06 10:09:37 | SUN | sell | $29.470 | 0 |
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