Dummy Trade of the Day - Medifast, Inc. (Public, NYSE:MED)

MED was a low risk dummy setup that I found on my Esignal leaders list. It carved out a bullish WRB on the open and then consolidated in an orderly fashion on lower volume until price tagged the rising 10 period EMA. I entered long on a break of the 10th bar high. I was stopped out for a partial profit at $12.99. The specialist took me out on the bid instead of waiting until my stop price hit the ask. I was little annoyed but in the end, I probably saved on slippage. I exited the balance of the trade at the end of the session.