Shared by
singham_BOWS
Daily: gap up / new highs
Intraday: flag break
Tried twice without any luck. First entry was premature as there wasn't much consolidation after the big spike. Entered on break of $7.00 level risking 15 cents, got stopped out.
Entered the second time after stock bounced off the 9 EMA and broke the range on high volume, didn't hold.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-03-10 09:55:58 | MNI | buy | $7.030 | long |
| 2014-03-10 09:56:24 | MNI | sell | $6.850 | 0 |
| 2014-03-10 10:23:33 | MNI | buy | $7.100 | long |
| 2014-03-10 10:24:32 | MNI | sell | $6.950 | 0 |
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