Shared by:
EliBrown
Stock was forming a flag. I went long 1000 shares at 9.88. I have no idea why I didn't scale out some shares while the stock was making highs. I didn't pay attention to the spread I guess and was expecting a bigger move. But with my position size this was a decent gain and I definitely should have been booking profits. I allowed my stop to trigger at 9.80 although I should have been looking to exit as soon the 9 EMA was broke after highs were made.
Execution detail:
Comments
kunal00
yeah not really an ideal pattern or sure how much u can get ofo it here..u handled it well but remember stick to the best patterns and best stocks
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Yeah... this one is tough. I'm not sure you could have played it better ... other than not to play it. Daily doesn't scream "buy" to me. But I thought your execution was pretty good.