Quick scalp, sold 1st 1/2 into major resistance area on the daily chart (you can't see it on the chart below)and let the other 1/2 ride to see if it would break through. Closed out when it bounced back.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-08 09:45:16 | ABIO | buy | $2.351 | long |
2014-01-08 09:53:43 | ABIO | sell | $2.490 | long |
2014-01-08 09:53:43 | ABIO | sell | $2.490 | long |
2014-01-08 10:01:29 | ABIO | sell | $2.440 | 0 |
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Nice scalp.