The stock was trying to continue the previous 50MA pullback (gapped up premarket) and was flagging on the intraday chart so I entered the trade on the flag breakout and sold into the spike for a decent gain.
I believe this was a good trade on my side and happy with the execution.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-15 10:26:15 | NEON | buy | $6.970 | long |
2013-08-15 10:26:15 | NEON | buy | $6.980 | long |
2013-08-15 10:26:15 | NEON | buy | $6.980 | long |
2013-08-15 10:28:13 | NEON | buy | $6.990 | long |
2013-08-15 10:28:34 | NEON | buy | $6.990 | long |
2013-08-15 10:28:38 | NEON | buy | $6.985 | long |
2013-08-15 10:28:38 | NEON | buy | $6.990 | long |
2013-08-15 10:28:38 | NEON | buy | $6.990 | long |
2013-08-15 10:37:42 | NEON | sell | $7.045 | long |
2013-08-15 10:37:59 | NEON | sell | $7.050 | long |
2013-08-15 10:37:59 | NEON | sell | $7.060 | long |
2013-08-15 10:37:59 | NEON | sell | $7.060 | long |
2013-08-15 10:51:45 | NEON | sell | $7.100 | long |
2013-08-15 10:52:09 | NEON | sell | $7.090 | long |
2013-08-15 10:52:14 | NEON | sell | $7.090 | long |
2013-08-15 10:52:14 | NEON | sell | $7.090 | 0 |
good entry!
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Not bad