P/L -$40
anticipate 17.2 breakout.
Long enttry 20 shares at 17.18 , Stop loss at 16.98 at the flag pole bottom make it round 20 cents.
Got stop at 16.98
Note:
After 17.2 breakout there is anotger flag pole breakout to 17.45 (as HOD)... but it is a red flag pole... it is a sign that the up steam might be end soon... therefore should set the sell target at history price, ie. 17.4
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-22 13:33:10 | CCIH | buy | $17.180 | long |
2014-01-22 14:43:05 | CCIH | sell | $16.980 | 0 |
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