the stock was breaking out on the daily on good earnings. it pulled back intraday to the 20ema and was basing. got in on a break of the base but it could not push higher and i was stopped out
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-18 10:59:15 | FDX | buy | $114.120 | long |
2013-09-18 13:04:15 | FDX | sell | $113.180 | 0 |
u got to hit it back when it gets back over 114.00.. decent trade at the open too on orb. i did think ur entry was worth a short though..
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need to have a tough stomach to trade these hundred dollar stocks, as they can move $3 to $5 in a blink of an eye.