Bought on confirmation of break, sold 1/3 at first resistance spot. I held it for a while but was concerned that it wasn't going to break past that strong resistance spot on the daily so I decided to sell another 1/3 and move the stop to my buy price and let the rest ride in case it started to run. I closed the position when the 9 & 20 EMA's moved on top and it wasn't breaking them.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-11 10:05:00 | SNI | buy | $80.350 | long |
2013-12-11 10:22:00 | SNI | sell | $80.850 | long |
2013-12-11 11:07:00 | SNI | sell | $80.770 | long |
2013-12-11 12:12:00 | SNI | sell | $80.660 | 0 |
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Nice.