My plan for this trade was to watch for a continuation after bouncing at 46.70. I was looking to enter early on a flag under 50.29 resistance anticipating a breakout. I began scaling in 50 shares at 50.12 while it was forming a tight coil with the EMAs riding up underneath. I continued to scale in as support was holding with 100 shares at 50.24, 100 at 50.17, and 100 at 50.35 when it broke resistance. I sold half my position (175 shares) at 51.09. I wanted to book some profits here because it had been grinding up for a while with little to no consolidation. I was way to impatient with my next sell. I only waited another candle before selling off 100 shares at 51.14. There was no reason to sell here. When the stock looked like it was stalling out and the 9 EMA was beginning to flatten I sold the remaining 75 shares at 51.37. It popped up right after for a hot second before dumping below the EMAs.
Execution detail:
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