Shared by
JimFrey
Daily chart revealed gap into ATH with a strong catalyst. On open, I noticed the PA on huge volume on the beginning of the 5min candle. Entered long on 2min ORB. Sold 1/3 @ Intraday pivot 62.55. Sold 2nd and 3rd at the premarket high. Price and volume revealed a Micro PB on 2min chart; I entered expecting a upside BO but it failed. Stopped at base of pattern. I used smaller size to protect my cushion.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-08-12 09:33:02 | NVDA | buy | $62.160 | long |
| 2016-08-12 09:34:59 | NVDA | sell | $62.490 | long |
| 2016-08-12 09:37:07 | NVDA | sell | $63.200 | long |
| 2016-08-12 09:38:14 | NVDA | sell | $63.210 | 0 |
| 2016-08-12 09:43:17 | NVDA | buy | $63.200 | long |
| 2016-08-12 09:45:40 | NVDA | sell | $62.770 | 0 |
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