Intraday flag break. I felt like I was a little chasey on this entry so I only took a small position. I would have liked to have a $6.95 entry or so earlier in the day but I missed that spot. Anyway, I accidentally clicked a bid in L2 at $7.05 and sold 1/3 the position for a loss (lol). After that I was able to get another third off at the peak and then read some weakness and sold off the last when it started to fall back. r/r was not great on this but overall a nice idea and good pattern.
300 shares
+$26.89 (3.91%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-09 10:29:05 | PRAN | buy | $7.176 | long |
2013-12-09 10:48:13 | PRAN | sell | $7.051 | long |
2013-12-09 11:14:26 | PRAN | sell | $7.451 | long |
2013-12-09 11:21:04 | PRAN | sell | $7.294 | 0 |
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Looked legit at entry.