This was breaking it's daily flag and had a monster runup in the morning. I hoped to jump in a quick bounce on the 9ema and thought it might not get weaker after the morning run. It did and I stopped out for a 1/2R loss.
Entry: 5.79
Stop: 5.69
Target: none recorded
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-21 10:22:38 | BCRX | buy | $5.790 | long |
2013-08-21 11:11:19 | BCRX | sell | $5.740 | 0 |
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Daily looked awesome, thought the momo would bounce it there or around 20MA but fizzled.