This was a good trade I originally left ARNA alone because I felt the daily chart may be to messy and stock might not move clean. After watching it move I felt it was very liquid and strong so I needed to find an entry. It started flagging around the $4.60's and I looked for higher lows and a break of the flag. My first entry had a stop in the .50's then I added on a push through the .74 resistance area with intention of first sell at new highs. After that I was looking to sell on each pop of .15-.2 and hoping for a blow off candle to the upside.
Execution detail:
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