Missed the flag breakout on this. Bought on the pullback anticipating a reversal, but it didn't play out. Sold quickly when it broke through previous resistance/new support and took a small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-09 11:41:59 | CELG | buy | $173.420 | long |
2013-12-09 11:56:08 | CELG | sell | $172.910 | 0 |
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Daily was to extended and it gapped up. Hard to have conviction on further momo