Took this trade right before the close on a Thursday as it was holding well over the prior day high and had broken flag on daily chart. Was in a solid uptrend and had confirmed support over prior resistance of $41. Held overnight and initially opened real choppy. Then sold off. Discovered they had announced a secondary offering early that morning. Need to pay closer attention to news that might invalidate a trade and allow me to exit at a much smaller loss or even a small profit.
Broker:Schwab
Date | Price | |
---|---|---|
Entry | 8/23/2018 | 44.4006 |
Exit | 8/24/2018 | 42.95 |
- Total Views147
- Position Size20
- Percentage-3.27%
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