Great gapper, tapping highs. Used mid point of opening candle for stop (roughly -.50) and +1 target. Took all off +.90 and missed that gorgeous P/B to support to load up again. I remember missing this type of play months ago, need to see if it's a high probable play again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-06 09:33:47 | AKAM | buy | $56.050 | long |
2014-02-06 09:46:17 | AKAM | sell | $56.980 | 0 |
you called this one bro! good stuff!!! love the exit.
Not bad ... the more I see these plays the more they seem like gambles to me. I passed on it personally but nice job!
So far i've been comfortable with the risk as the few that go end up going huge and it's been working for me. Actually my #1 play i'm trying to refine.
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Great entry! and nice sell!