Stock gapped up and make a $2 run at the open. Pulled back and consolidated in to a nice flag with the 9ema right underneath. Risk was low. It hung in a plus or minus $.10 range for almost 2 hours before a weird doji candle wicked me out. Then it stayed sideways until the last half hour where it broke down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-26 11:52:03 | BITA | buy | $31.490 | long |
2013-12-26 13:26:18 | BITA | sell | $31.380 | 0 |
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