Premarket gapper on the daily and started flagging on the intraday. Bought it for the first time at what appeared to be flag breakout but had a too tight stop loss for a penny and got stopped out but reentered once again on the flag breakout and rode it until it faded out.
Would have been some nice profit if I did not mess up the first trade...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-22 09:55:12 | ILMN | buy | $88.850 | long |
2013-10-22 09:59:21 | ILMN | sell | $87.817 | 0 |
2013-10-22 10:14:51 | ILMN | buy | $88.990 | long |
2013-10-22 10:27:55 | ILMN | sell | $90.420 | 0 |
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Great re-entry