Going into this trade I was thinking it would pullback to VWAP with previous intraday price support. I had a target of $108. It didn't hold and brokedown but did not go through my stop. It started to build a nice trendline support and I added on a nice flag. Support didn't hold and it broke through ema's. I realized after the fact that what I was thinking would be a breakout was a two tapper. I sold into a spike to basically break even. I need to work on narrowing down the best looking 3-4 stocks to watch at the open because I get FOMO after the ORB.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-01-09 11:05:15 | NVDA | buy | $106.930 | long |
2017-01-09 13:53:40 | NVDA | buy | $107.240 | long |
2017-01-09 15:18:12 | NVDA | sell | $107.200 | 0 |
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