MEIP showed on my intraday scanner as it was gaining some huge momentum and I was looking for a continuation intraday. Entered the trade on the flag breakout and sold into the pop for a nice gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-30 13:10:50 | MEIP | buy | $12.010 | long |
2013-09-30 13:11:00 | MEIP | buy | $12.050 | long |
2013-09-30 13:30:36 | MEIP | sell | $12.350 | long |
2013-09-30 13:30:36 | MEIP | sell | $12.350 | long |
2013-09-30 13:30:36 | MEIP | sell | $12.340 | long |
2013-09-30 13:30:36 | MEIP | sell | $12.350 | 0 |
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Nice