Yesterday BCRX tapped $7.25 twice and closed on highs, right at the daily breakout level. It was obvious it would spike this morning so I grabbed 1000 shares and sure enough, boom! I was able to sell half into the spike and drop the other half when it broke the flag on the downside. Easy 10c stop under $7.16.
1000 shares
+$200.30 (3.59%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-27 09:35:15 | BCRX | buy | $7.250 | long |
2013-09-27 09:49:09 | BCRX | sell | $7.510 | long |
2013-09-27 09:49:09 | BCRX | sell | $7.510 | long |
2013-09-27 10:37:47 | BCRX | sell | $7.390 | 0 |
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Nailed it.