stock was breaking out on the daily. entered on flag break intraday but it could not break HOD and stopped out.
On reflection it was a bad trade to enter where I did.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-16 11:28:26 | SRPT | buy | $27.010 | long |
2014-01-16 11:38:46 | SRPT | sell | $26.600 | long |
2014-01-16 11:38:46 | SRPT | sell | $26.600 | 0 |
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Entry seem like a chase as it didn't pullback and consolidate yet after the big run up.