The stock has been basing and not able to break 4.37 area, it gapped up, I watched the first candle on 3min, second candle pulled back a little then started to run, I bought close to the top of the first candle with a stop 5 cents below the top of the first candle. I ran and started to pullback, sold half. Moved my stop to 2 cents above my buy price, stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-03 09:33:11 | IPCI | buy | $4.260 | long |
2014-02-03 09:37:50 | IPCI | sell | $4.431 | long |
2014-02-03 09:45:07 | IPCI | sell | $4.260 | 0 |
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Nice scalp. I've been waiting on this to do something for a while.