My plan for this trade was to enter on a break of 20.40 anticipating it to fly out of the gate, but, I missed it. I ended up entering later in the day while it was flagging below 21.60. The EMA was riding tightly underneath so my risk was managed well. I should have had a much larger position here with this being the case. I entered 100 shares at 21.54 and placed a stop at 21.20. In hindsight this was probably to loose of a stop. When it broke above resistance it formed a mini flag and I waited for it pop above before scaling out. I sold 50 shares at 21.97 and 25 at 22.10. It formed a shooting star so I placed a limit at 22.15 and got filled right before it started pulling back.
Execution detail:
Thanks Kunal!
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Good job sir