Friday, December 16, 2011

PR Trade

ASTI had a huge gap up this morning.  Waited for the chart to setup and entered on the break of the morning high.  My entry was on the break of $6.25.  Fill was at $6.29. Sold 1/2 of my position @ $6.62 and another 1/4 @ $6.85.  I kept 1/4 for an end of day run with a stop @ $6.50.  The chart based for most of the day and looked like it was trying to break out again, but never did.  I still hold 1/4 of my position with a stop @ $6.50.

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