Mini flag break. I missed the first entry but it held the consolidation and was pretty tight so I hit it with 500 shares and a 35c stop under the low of the candle immediately after the break out. I added more after it held $69 but it seemed to run out of juice. I was going for the rip to $70 there but it never got there so I just took the gain. Nice trade with good R:R.
500 shares, sold to 100, added 150 back to 250.
+$514.50 (2.25%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-13 11:46:27 | UNFI | buy | $67.650 | long |
2013-09-13 11:56:06 | UNFI | sell | $68.350 | long |
2013-09-13 12:00:31 | UNFI | sell | $68.790 | long |
2013-09-13 12:16:42 | UNFI | buy | $69.060 | long |
2013-09-13 12:45:45 | UNFI | sell | $69.170 | 0 |
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You made the chase work. Nice!