Gapped up and had a morning long flag that I got in after it made the 2nd tap and held support. It was right at the start of the lunch hour so that probably didn't help matters. Ended up not going anywhere or even popping a little bit for me to take some profits. I got stopped out when it flushed a little bit at the end of the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-30 11:51:43 | ALXN | buy | $162.340 | long |
2014-01-30 15:21:03 | ALXN | sell | $161.750 | 0 |
When that second bounce attempt failed i would have waited till i have confirmation on 3rd tap only.
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It was stuck in a range. May get some action tomorrow.