Intraday flag break. IOC had been strong all day. Earlier in the morning I tried to get filled on the $68.00 breakout but could not get a good fill so I traded this tight consolidation later with a bit of anticipation. the first sell was really good but I did not expect it to come all the way back down. I thought it would try to fill the gap or at least go for $73.00. Stop was under $70.50. I was up $500 on this but only took a small profit since I let the second half come back too far. Maybe I shouldn't have been so greedy. Oh well.
500 shares
+$198.00 (1.38%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-16 11:57:16 | IOC | buy | $71.080 | long |
2013-08-16 12:24:44 | IOC | sell | $72.060 | long |
2013-08-16 12:50:41 | IOC | sell | $70.600 | 0 |
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