I was watching UVE for a break of a flag trend line for a swing trade. First mistake is that somehow I did not take into account the 20 SMA on the daily chart. When the stock pulled back near VWAP and EMA after the initial spike I bought. Stop was a little loose for my tastes. Later this broke down and I stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-15 10:00:08 | UVE | buy | $13.160 | long |
2014-01-15 13:32:35 | UVE | sell | $12.950 | 0 |
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