GAP UP DAY TRADE (NO 52 WEEK HIGH)
Lined up on 5 min chart, intraday flag and daily chart was had resistance at 27.22 area.
intraday flag. broke out nicely and went thru resistance. scalped 1/2 never broke past that. position at the r4.
Set stop at recent low on 5 min chart.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-16 15:15:31 | XIV | buy | $27.070 | long |
2013-10-16 15:49:31 | XIV | sell | $27.370 | long |
2013-10-16 15:53:08 | XIV | sell | $27.350 | 0 |
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nice