Daily: Range breakout
Intraday: Flag break
Entered in anticipation of flag break with 7 cents stop.
Did not take gains as was planning on swinging it as volume looked really good on breakout. But it couldn't hold $4 level, and made double top. Though it didn't hit stop, I chickened out as it didn't close well.
Should you look at 5 min chart if you are swing trading?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-25 13:15:00 | PLUG | buy | $3.910 | long |
2014-02-25 15:58:22 | PLUG | sell | $3.890 | 0 |
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Well, u can always get back over 4 again.