Shared by
oly_BOWS
This had a small gap up but wasn't really interesting until it showed strong intraday momo. After that it formed a nice clean level of resistance and I took the break.
Then it ran up a penny below my scaleout and formed a new level. I didn't want to scale out cheaper so I held it all and it rolled on me.
Like my other trades, when it holds the 9ema for a while, I am considering exiting there instead of the 20 - I can always reenter!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-10 10:58:14 | RVLT | buy | $3.250 | long |
| 2014-02-10 12:40:16 | RVLT | sell | $3.260 | 0 |
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