It looks like it formed a base on the daily and started its bounce. Late on the entry so I waited for the flag to form. Sold half and swinging the rest.
Sold half on open to lock profits, and the rest on reversal.
+$500 100 shares
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-11 12:57:19 | FU | buy | $4.950 | long |
2013-10-11 14:06:01 | FU | sell | $5.150 | long |
2013-10-11 14:06:42 | FU | sell | $5.150 | long |
2013-10-11 14:06:45 | FU | sell | $5.160 | long |
2013-10-11 14:06:45 | FU | sell | $5.160 | long |
2013-10-14 09:31:51 | FU | sell | $5.500 | long |
2013-10-14 10:02:54 | FU | sell | $5.990 | long |
2013-10-14 10:02:54 | FU | sell | $5.990 | long |
2013-10-14 10:02:54 | FU | sell | $5.990 | 0 |
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good play