PAPER TRADE (WIN)

• Setup: -------------------------------------------------------------------- HOD Break
• Entry: --------------------------------------------------------------------- $7.15
• Shares: ------------------------------------------------------------------- 500
• Stop: ---------------------------------------------------------------------- $7.05
• T1: ------------------------------------------------------------------------- $7.35
• T2: ------------------------------------------------------------------------- $7.50
• Reward:Risk Ratio (T1): -------------------------------------------- 2:1
• Exit: ----------------------------------------------------------------------- $7.19

• Profit/(Loss) With Commission: -------------------------------- $7.00

• Details:
  Intraday HOD break, 500 shares. I bought this for an end of day push above the HOD. As my trading buddy pointed out though, the stock was exhausted on the daily, weekly and intraday timeframes (all have been going up non-stop). It was difficult to pick a target on this so I simply chose to make it 20 cents which would give me a 2:1 reward to risk ratio. The stock started to look weak so I sold all of it at $7.19 just before the close, after which it did run, but not very strongly. I could have gotten a few more pennies out of this but overall it just wasn't that strong of a setup because the stock has been run up so much over the last few months.