Daily: ER/PR Gap-up
Intraday: Flag b/o
Gain: $155 (2.4%)
Chased entry (again). Scaled out partial positions when I saw some weakness and when it hit price target. Sold last shares when it briefly pierced the 9EMA. Could have made bigger profit by adding shares when it was flagging at $33.00 and wait for confirmation on breaking support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-05 10:01:43 | MEI | buy | $32.850 | long |
2013-12-05 10:21:19 | MEI | sell | $33.280 | long |
2013-12-05 11:22:51 | MEI | sell | $33.940 | long |
2013-12-05 11:44:03 | MEI | sell | $34.000 | 0 |
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Great entry and exits, nice.