found on intra momo scan, ttap on daily cracking/cont today - gap up and flagging in the open
got in as it broke flag
stop: 4.64 below flag area but tight
wanted to scale half at 4.91 but missed limit by a penny, took it off and moved stop on full to b/e
later watched behavior as it broke, took half off into crack as it lacked volume, left stop on 1/2 at b/e point
stopped out - 20ma had come under as support but prefer not to mess with b/e stops - happy with my 1R win
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-11 09:52:36 | IPCI | buy | $4.730 | long |
2014-03-11 10:16:55 | IPCI | sell | $4.930 | long |
2014-03-11 10:50:38 | IPCI | sell | $4.740 | 0 |
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