DAILY: Premarket gapper
INTRADAY: Flat top breakout
Chased it a bit on the entry and bailed out once it crossed below the MAs.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-21 12:52:34 | SSTK | buy | $97.370 | long |
2014-02-21 13:40:58 | SSTK | sell | $96.760 | 0 |
Yep, I have to keep an eye on the volume more.
@Nape:
If you were looking at this intraday chart during the day Nape, I guess you would not even initiate the trade if you see the volume like that?
Yep, I get it Nape. Putting things in that perspective I believe this entry could be a nice one for at least a quick scalp trade since volume poured in:
What do you think Nape?
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Out of juice. Volume slowed.