GAP UP DAY TRADE (NO 52 WEEK HIGH)
Lined up on 5 min chart, intraday flag and daily chart was on range break.
entry on consolidation break and base. Scalped pretty quick as $spy was getting choppy dropped below the 9ema
Set stop at recent support of 9ema.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-16 13:19:03 | RDN | buy | $14.320 | long |
2013-10-16 13:44:12 | RDN | sell | $14.390 | 0 |
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it was out juice