Setup: Breakout of the intraday high.
My entry was a little late on this one. I had a loose stop under the previous low. My target was an attempt to fill that gap on the daily chart and reach the $9.00 area. It broke through the high from 2 day prior, as well, but there were more sellers than buyers.
Was this a valid setup?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-08 10:51:26 | WLT | buy | $8.650 | long |
2014-04-08 14:17:41 | WLT | sell | $8.410 | 0 |
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