Got this when it broke through the morning flag and would have worked out had my stop not been so tight below the MA.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-22 12:46:54 | ARIA | buy | $3.120 | long |
2013-10-22 13:43:46 | ARIA | sell | $3.110 | 0 |
I originally had it at $3.09. I moved it up at some point. I can't even recall why. Must be the first day jitters.
Nice entry, never violated support. Trade your plan. Long 3.12, stop under 3.08 or even 3.09 (loss of support). You spent the time planning the trade, now let the stock tell you if your thesis was right and pays you or if it was wrong and you already know the cost of doing business with Mr. Aria.
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lot of price support.. could have put at stop loss at $2.99