Play: Flag
Flagged, actually got the spike but didn't take profits as target was 21. I then moved stop loss when it came back due to fear of losing and break outs not holding the last few days. Put my stop loss way too tight and got stopped out before it spiked again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-17 10:40:02 | KNDI | buy | $20.600 | long |
2014-03-17 10:49:30 | KNDI | sell | $20.570 | long |
2014-03-17 10:49:30 | KNDI | sell | $20.570 | 0 |
As you know mate I did basically the same thing on $KNDI so I know the feeling.
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Great entry, terrible stop. (I had 3 terrible stops on this today and let a potential homerun end me red)