This stock gave all the signs of wanting to break out. It had gapped up PM, made a nice run up to it previous day's high and 52 week high. It consolidated all day and then finally popped up above the VWAP and had plenty of support. It just didn't happen. Guess I should have waited for more confirmation. Maybe tomorrow.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-26 14:31:18 | URI | buy | $78.090 | long |
2013-12-26 14:41:44 | URI | sell | $77.990 | 0 |
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no setup here. daily is not really muhc of anything just grindinghigher