Big run up at the open and then a nice flag forming all day. First target HOD of $9.80. Sold half at $9.74, second half at $9.88. It ran to $10.
R/R 2/1
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-06 14:29:38 | LITB | buy | $9.620 | long |
2014-01-06 15:06:48 | LITB | sell | $9.740 | long |
2014-01-06 15:19:13 | LITB | sell | $9.880 | 0 |
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Bit of a chase on the entry - could have gotten in on the flag break 10-15c earlier. But overall good trade on the flat top b/o, excellent scaling out on the sells!