Was not planning to trade this even though it made it to the premarket movers list because of the high float @ 61.8m, but that was a non-issue judging from the super bullish price action.
So missed the first opening drive from 6.6 to 7. Managed to get in as it broke above 7.10 and
held above. Took profits as the price failed after breakout from a flag at the entry point.
Always looking to sell @ final failed flags that form from a parabolic movement.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-27 09:57:02 | BIOS | buy | $7.110 | long |
2013-11-27 10:01:02 | BIOS | sell | $7.310 | 0 |
2013-11-27 10:56:30 | BIOS | buy | $7.120 | long |
2013-11-27 11:33:48 | BIOS | sell | $7.220 | 0 |
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