Looking for continuation play for 2nd day follow though. Bought as it broke though 9EMA. Should probably not have because of the low volume on the way up.. am I right about that?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-17 09:45:22 | SRPT | buy | $27.670 | long |
2014-01-17 09:49:37 | SRPT | sell | $27.370 | 0 |
Should not have taking this trade because no setup was there. Go back to the text book and look up intraday setups. Try to focus on one you really like and only trade that setup until you are really comfortable with it, like maybe a Bull flag setup.
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To extended. Already jumped a dollar before you entered. Also tons of resistance overhead.