Nice P/B on daily to support/MA Basing in morning. Stop -.20, Target +.50 and gapfill. Couldn't pop and rolled over stopping me out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-23 10:26:43 | ENDP | buy | $66.800 | long |
2014-01-23 11:41:34 | ENDP | sell | $66.600 | 0 |
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The 30 chart looks ripe for a short but looking at your 5 min & 2 min chart I can see why you were thinking long even though it didn't work out. I think when it came back retested the $66.80 level it's kind of a fake out b/c your looking for the run up to continue but than it fails again. You cut losses though & moved on. that's going to keep you trading a lot longer & keep you in the game.