I saw this as an intraday flat top breakout. It had been trying to break and hold resistance at $38.25 but kept failing. Finally on the third tap it broke and I took quick profits due to being a choppy market. I a lot on the table and maybe should have re-entered on test of 20 ema, as the setup was still in play.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-04-13 12:23:23 | ESPR | buy | $38.320 | long |
2017-04-13 12:41:48 | ESPR | sell | $38.660 | 0 |
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