Morning continuation / daily triple tap breakout over $5.90. The entry on this was fairly simple (over previous HOD and daily breakout level at $5.90) with a stop at lows under $5.80. I sold half into the round number, 1/4 into the next push and the final piece into $6.20s. I didn't expect it to go as high as it did so I left a little on the table but not a bad trade overall.
1000 shares
+$171.39 (5.08%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-27 09:38:29 | MHR | buy | $5.900 | long |
2013-09-27 09:50:14 | MHR | sell | $5.990 | long |
2013-09-27 10:28:10 | MHR | sell | $6.120 | long |
2013-09-27 10:38:21 | MHR | sell | $6.200 | 0 |
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Another great entry, fantastic sells!