I found my play while scanning for my 9:45 wide range bars this morning. There was only one worth merit and that was in COF. I did not take the first 5 minute PBS but when price retested the high of the trigger bar then was taken out by another red bar, I could not keep myself out of the play and I entered at 82.12. Price sold off nicely hitting several of my targets. I had not one but two add and reduce areas which is when I add back shares to my play and reduce the stop. I found myself in this short play of COF until the very end and with about 10 minutes to go I saw that COF looked like it was going to start to rally so I covered my final shares at 81.45. Another great textbook play...
COF 11052014
book play in COF...