Great gapper, based at open. Stop -.40, Targets +.60, +1, swing rest.
LESSON: Quit raising stop on final to the anticipated P/B spot. 5min P/B to 9EMA and VWAP was the place to add back.
WEEKEND REVIEW LESSON:
1 - Always leave final partial on w/ expectation stop flat or to run for homer as ran +8 from entry on a measure move from this new stocks low to B/O area (10 points) so from B/O area to highs (10 points)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-11 09:54:36 | GOGO | buy | $22.190 | long |
2013-11-11 09:59:20 | GOGO | sell | $22.790 | long |
2013-11-11 10:08:07 | GOGO | sell | $23.330 | long |
2013-11-11 10:28:24 | GOGO | sell | $22.900 | 0 |
Very please with this one but not happy taking off final position on P/B to support. Should have easily swung this for +4 or +5 on final piece.
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Sweetness all the way brother Mark...