Going over my notes from Monday, I realized that my play in STI was really the play of the day. STI had been selling off hard all day long and for some reason I just never could get in short. But when the hourly chart put in a changing of the guard bar with a bottoming tail, I was all over it as I found myself entering a position long. Price went up immediately but after 10 minutes, price retreated before triggering a 2nd entry where I added more shares to my original play. I stayed in the play taking profits along the way and finally trailing out near 3:30 pm with as much as .33 cents profit made on a large portion of my lot size. Just a super play for a Monday in July.
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