stock broke its flag on the daily on strong volume.
It took 3 strikes to get this one but it was still a loss overall.
for the first entry is used the one minute chart and waited for a pullback and bounce with a stop under LOD but got stopped out.
got back in virtually straight away as it bounced straight off the 9ema, but got stopped out again..
FINALLY, I got in on a break of 48 but sold my first half to early, more to do with the first 2 trades than anything else and then had to sell 2nd half into the 2 spikes.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-16 09:41:49 | SCTY | buy | $48.397 | long |
2013-10-16 09:48:19 | SCTY | sell | $47.350 | long |
2013-10-16 09:48:19 | SCTY | sell | $47.350 | 0 |
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