I thought this stock had a good chance at moving higher because it was flagging and building a breakout type structure along a intraday resistance level. But as it was forming, I didn't like how it was acting and it looked like it was actually double topping on the 5 min chart. The breakout level was well defined and easy to see, but this stock felt like it was lagging because of the overall market. I put my stop at breakeven and got stopped out. Worth the shot, but not an A quality setup.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-04-19 11:23:06 | GNC | buy | $9.350 | long |
2017-04-19 11:23:14 | GNC | buy | $9.350 | long |
2017-04-19 11:34:45 | GNC | buy | $9.360 | long |
2017-04-19 12:07:24 | GNC | sell | $9.370 | long |
2017-04-19 12:10:18 | GNC | sell | $9.360 | 0 |
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