Major runner today on PR. Pulled back and bounced off the VWAP up over the mos to form a big flag. Bought right at the trend line with a stop under the mas. Wish I bought more shares as the risk was pretty low. Sold as it broke through the previous peak as that would be the most obvious resistance. It pulled back to the mas again and bounced back up to $19.10 at the close. Never even pulled back tot he buy spot.
R/R 2/1
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-16 14:27:09 | GLOG | buy | $18.530 | long |
2014-01-16 15:05:46 | GLOG | sell | $18.850 | 0 |
Beer money!
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Nice scalp.