Stack gapped up over the 200 ma PM and then formed a bull flag after squeezing above the VWAP with the MAs right underneath. Needed a break of $18.50 which we got. Had a target of $18.98. It got withing a few pennies and I had sell orders in that I kept adjusting lower chasing the price down instead of just taking the profit. Finally sold when it broke down below the MAs taking only half of the profit I could have taken.
R/R 2/1
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-23 10:55:18 | YRCW | buy | $18.330 | long |
2013-12-23 12:30:17 | YRCW | sell | $18.610 | 0 |
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