Flag breakout on the daily. Unfortunately I missed the meat of the move but luckily caught the last rip after pulling back. Once the stock remounted the 9 EMA and broke above its downward trend I entered a 1000 share position at 5.55. I was going for the kill trying to make something happen. I added another 1000 shares at 5.65 which was probably a little to aggressive for my liking and a little to soon. I should have waited to see if it would pull back at all and test the 9 EMA support. I sold half my position at 5.85 near the HODs at 5.93. I sold off another 500 shares at 6.11. When the stock made an engulfing bearish candle and broke below the 9 EMA I sold my remaining 500 shares, getting filled at 5.79. Pretty aggressive trading but it paid off with half-decent trade management.
Execution detail:
Thank you sir
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Nice trade