PR breakout continuation play. Identified resistance at $3.82 and NADL gapped up then went red to green. I chased this too much as I was a little nervous about how low of a float it is. The candles had huge ranges on them and again I've been trying to take quick profits. I scaled out and it hit resistance then rolled over.
Take away:
I need to do a better job of not chasing.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-04-12 09:33:50 | NADL | buy | $3.550 | long |
2017-04-12 09:36:01 | NADL | sell | $3.730 | long |
2017-04-12 09:37:07 | NADL | sell | $3.790 | 0 |
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