Round number break / long intraday flag break. I was thinking this was the start of a run back to highs so I held through the $65 spike which worked really well. I sold the last half a little early when I thought it was breaking down again, so I changed my mind and re-entered to take the trade into the close. First stop was at $64.00, second at $65.00 (50c and 35c respectively)
300/500 shares
+$380.50 (1.27%, 0.90%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-02 13:57:26 | VIPS | buy | $64.490 | long |
2013-10-02 15:00:32 | VIPS | sell | $65.310 | long |
2013-10-02 15:28:47 | VIPS | sell | $65.080 | 0 |
2013-10-02 15:33:18 | VIPS | buy | $65.350 | long |
2013-10-02 15:55:11 | VIPS | sell | $65.570 | long |
2013-10-02 15:59:12 | VIPS | sell | $65.790 | long |
2013-10-02 15:59:59 | VIPS | sell | $65.940 | 0 |
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Niiiice. I wish I'd seen that first entry today. I was too distracted. I took your second entry thought for a relatively quick scalp.