Gap-up on daily chart. Took long position when dip got bought and 9EMA support. Scaled out when price hit VWAP and then aimed for $7.50 (HOD) as my next target. Stock didn't reach HOD and peaked at $7.35. Should have scaled out at $7.30 which would have yielded a nice profit.
Gain: $48 (2.3%)
Shares: 300
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-01 10:11:33 | MACK | buy | $6.845 | long |
2014-05-01 10:24:18 | MACK | sell | $7.015 | long |
2014-05-01 12:30:03 | MACK | sell | $6.995 | 0 |
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