Shared by
Boston
I took the bull flag on the 1 min chart but looking at it now on the 5 min chart, this stock looked over extended. The entry was good, but since this stock looked over extended on the bigger time frame, there wasn't many traders trying to get long. I got out half at a good time because this stock completely turned around. I got out the other half at breakeven so still made a little gain on this but it wasn't a clean setup.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-05-02 09:42:44 | EXEL | buy | $24.580 | long |
| 2017-05-02 09:42:49 | EXEL | buy | $24.610 | long |
| 2017-05-02 09:43:48 | EXEL | buy | $24.590 | long |
| 2017-05-02 09:45:22 | EXEL | sell | $24.750 | long |
| 2017-05-02 09:45:45 | EXEL | sell | $24.620 | 0 |
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