Morning flag break. This wasn't the cleanest setup but there was a tight consolidation under $47.20 resistance from the previous day and I saw potential on the daily chart over $48 so I thought it might get moving. I sold a bit into that resistance (daily) and then added after it pulled back cleanly, but when it failed to take off again I exited the rest of the position. Stop was under $46.80.
500 shares
+$171.00 (1.27%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-30 09:46:38 | SRPT | buy | $47.170 | long |
2013-09-30 10:14:52 | SRPT | sell | $47.750 | long |
2013-09-30 10:54:03 | SRPT | buy | $47.670 | long |
2013-09-30 11:10:58 | SRPT | sell | $47.490 | long |
2013-09-30 11:11:13 | SRPT | sell | $47.490 | 0 |
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Buy seemed a little extended but you killed it. Nice.