Play: Break of resistance on multiple time frame - 200 shares
stop loss: 12.95
Once again thought it was going to go with volume, a bit of a chase but didn't have many shares even though it had nice potential. Once I saw it didn't go anywhere, I just sold it flat before it hit my stop loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-14 15:26:06 | VNDA | buy | $13.010 | long |
2014-01-14 15:44:59 | VNDA | sell | $13.010 | long |
2014-01-14 15:45:00 | VNDA | sell | $13.010 | 0 |
Not a bad attempt. You have a flattop breakout here. Just didn't workout...http://screencast.com/t/5Go05Zog0L
the setup is not the greatest but because the daily break matches the intraday, i feel like there is a high reward possibility
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Range bound for rest of day, i don't see a clear high probable setup