Nice intraday flag break. SRPT had been tapping this area all day long so I figured this would be the push it needed to get above $48. I entered with a stop at $47.30 and sold half into the $48 spike. I then watched it consolidate and flag for a bit and added when I thought it was ready for the second round but the second round didn't hold up so I bailed for a small gain.
500/400 shares
+$87.00 (0.90%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-30 13:19:26 | SRPT | buy | $47.720 | long |
2013-09-30 13:43:57 | SRPT | sell | $48.150 | long |
2013-09-30 14:01:10 | SRPT | buy | $48.090 | long |
2013-09-30 14:16:57 | SRPT | sell | $47.800 | 0 |
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Great buy place, again, how did you know that tap was it and the previous 3-4 taps wasnt?