Right off the bat I see where I went a little wrong on this trade. The daily chart was looking a little over extended at this point being green 3 days in a row now. The bull flag was a decent setup, but since it was on the 3rd green day, wasn't the most powerful. The first trade was good, but the second entry was unnecessary because when it broke down, the setup wasn't really valid anymore.
I was 0/2 on this stock.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-05-30 10:20:23 | MNKD | buy | $1.700 | long |
2017-05-30 10:28:02 | MNKD | buy | $1.700 | long |
2017-05-30 10:29:51 | MNKD | sell | $1.660 | 0 |
2017-05-30 10:35:20 | MNKD | buy | $1.700 | long |
2017-05-30 10:36:36 | MNKD | buy | $1.690 | long |
2017-05-30 10:52:50 | MNKD | sell | $1.680 | 0 |
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