I was wathcing this as a bounce of the 20 DMA on the daily chart so I was looking for some type of support intraday around that level. Based out at 2.27, then popped over the MA's and flagged right under the VWAP. I got in as the 9 EMA started curving upward. Then I kind of forgot about this until a minute before the close, sold off all my shares then. Luckily it worked out, however I had rode my stop up to my buy price so I wasn't risking anything if it went south.
Stop: 2.31
Target: 2.45
Reward to Risk: 2.5
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-07 14:44:15 | INO | buy | $2.350 | long |
2014-01-07 15:59:24 | INO | sell | $2.480 | long |
2014-01-07 15:59:51 | INO | sell | $2.490 | 0 |
Yeah it was a nice surpise! hahaha A coworker distracted me and then I actually had to get some work done so this took the back burner
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that was alot of movement to forget about!