Intraday flag break. I was hoping this would hold 4 based on the very strong volume on the breakout, but it didn't hold so I got out a few cents under $4. I suspected it was only a matter of time until this one went but it needed a little consolidation before the real breakout which occurred later in January on a positive PR. Not a bad trade given the stock even though it was a pretty big chase, as generally when this one runs it can run for 20-30% in a matter of minutes so chasing 15c is not usually a big deal and I just adjust size accordingly.
500 shares
-$44.90 (-2.31%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-19 11:33:32 | STXS | buy | $3.980 | long |
2013-12-19 13:30:54 | STXS | sell | $3.890 | 0 |
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