Earnings breakout setup, went red to green. I drew my trendline and it broke that then flagged after breaking trendline. I entered on break of the flag. I scaled out in halves. first at breakout of $19.80 resistance and last half at trendline break. Overall,happy with the trade. Probably could have done better by entering at initial break of trendline. I left a lot on the table by not doing so but I was trying to play it safer.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-04-27 09:59:44 | UCTT | buy | $19.100 | long |
2017-04-27 10:41:24 | UCTT | sell | $19.800 | long |
2017-04-27 11:02:24 | UCTT | sell | $19.720 | 0 |
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