This stock formed a little flag pattern on the 1 min chart that I could scalp. It popped which gave me the opportunity to scale out. My first target was around $2.70 which I got and I was hoping this could hit $3.00 but it faded off and I stopped out the rest for breakeven. Good trade and risk management.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-04-17 09:59:39 | CBLI | buy | $2.510 | long |
2017-04-17 09:59:47 | CBLI | buy | $2.510 | long |
2017-04-17 10:02:17 | CBLI | buy | $2.550 | long |
2017-04-17 10:02:22 | CBLI | buy | $2.520 | long |
2017-04-17 10:04:48 | CBLI | sell | $2.670 | long |
2017-04-17 10:06:04 | CBLI | sell | $2.530 | 0 |
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