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youngcb1_BOWS
Not really sure what I thought I saw during the first entry but looking at it now, it was a chase because there was no setup and it was still rising. I had a 20 cent stop on my entry and the stock didn't get close to testing previous hod. Once the stock reversed direction I exited once it hit my stop.
I still had belief that this was going to trend upwards eventually. I entered a long position again after it pulled back to hit support. My stop was at 53.18 since I already started off the day with a loss. However, the stock wasn't ready to break out even though it was tapping the 53.40 area. There was no clean trend to this stock and once it was getting close to my stop I exited. Didn't have the patience to stay in the stock and there were too many shake outs. But eventually during 9am PST it finally broke resistance.
Execution detail:
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youngcb1_BOWS
Yea your right @Nape_BOWS. Had I been a little more patient and waited for the pullback, I would've been in a better position.
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Not setup on first entry. Once you got the deep pullback and consolidation that is when it rip to the upside again. This stock is getting extended on the daily chart, so have to take that in consideration as well.