Morning gap up. Found it on my morning tradestation scanner.
Waited until it came back to the 9EMA (5 min chart) to buy @ $30.40.
Places a stop loss @ $30.10 (.30 risk / $30)
Sold half position @ 30.90 and held the other half with a stop just above my buy price ($30.50)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-10 10:41:13 | NUGT | buy | $30.400 | long |
2013-12-10 11:18:36 | NUGT | sell | $30.900 | long |
2013-12-10 12:35:36 | NUGT | sell | $30.770 | 0 |
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Nice scalp.