I entered at 96.99 for an ORB as the 9 EMA was holding as support. Wasn't that strong of an ORB and needed more time to rest. I scaled out 50 shares at 97.50 when I probably should have been completely exiting. I waited to see what the stock would do and ended up selling the remaining 112 shares at 97.04 for a small gain. I re-entered 50 shares as the stock was forming a tight coil along the the 9 EMA (flagging). I wish I would have had more buying power at this point as this was a great opportunity to load the boat as my stop was just below the VWAP at 96.53 (I probably could have kept an even tighter stop but I had a low position size so I decided to leave it). I scaled out half positions at 97.98 and 98.98 into the rip. I left a bit on the table as it climbed all the way up to 100, but overall I am pleased with this trade.
Execution detail:
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