Good set up in an oversold oil name that had relative strength in comparison. It was setting up to squeeze out of an intraday flag it had formed from the open. Support had most recently been holding the previous range highs of $66. I waited for the push over my trendline to take an entry. Partly because earlier I had forced a trade and wanted to trade correctly, not in anticipation. I sold 2/3 on a decent spike with a sell for the remainder in just under $67 resistance. I would have liked to hold a piece through the day, but needed to go to work so felt prudent to take the money.
Execution detail:
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