Setup: Consolidation Breakout
Bought at 5.00 when intraday base/flag ran into rising 9ema with a tight stop under the VWAP. Scaled out 1/3 of position a little early into first spike, and second 1/3 at the top of next flag. Started halfing my remaining position with trailing stops under next consolidation lows to eek out as much profits as I could.
$1164 profits on 10k for 11.5% trade!!
Execution detail:
Thank you Nape! This was after the GSVC trade, so I was definitely selling into initial spikes, ha ha .
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Very Nice! Great Job!