Quick morning scalp off $4.10 30 min resistance (see 30 min chart below). I was hoping we would get a big spike through $4.30 and start a big swing run but it wasn't quite ready yet. Stop under $4.00 so first sale was just over 2R. Effective RR a bit low but nice trade overall.
1000 shares
+$180.50 (5.84%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-23 09:48:44 | STXS | buy | $4.110 | long |
2013-12-23 09:58:15 | STXS | sell | $4.350 | long |
2013-12-23 10:33:35 | STXS | sell | $4.230 | long |
2013-12-23 10:33:35 | STXS | sell | $4.230 | 0 |
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Nice conviction entry. You nailed it!