I picked this one up on the gap list and noticed it had been sitting right on the 200dma, ripe for a bounce if the gap held. I put in a limit order for that first range break and it didn't fill so I ended up chasing quite a bit. Should have waited for that pullback, I know better. Scaled a couple times and restocked on that flag for a break of $64. Holding the lotto shares for a swing, the $64 level is holding as of right now.
Stop 63.90.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-11 09:56:12 | SOHU | buy | $62.190 | long |
2013-11-11 10:24:15 | SOHU | buy | $62.250 | long |
2013-11-11 10:52:26 | SOHU | sell | $62.990 | long |
2013-11-11 11:12:03 | SOHU | sell | $63.450 | long |
2013-11-11 12:28:12 | SOHU | buy | $63.848 | long |
2013-11-11 13:01:24 | SOHU | sell | $64.480 | long |
2013-11-12 10:45:43 | SOHU | sell | $64.100 | 0 |
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Good play!