Entered half-size trade on gap up and breakout on the open with stop at bottom of spike.
The second bar created a measuring gap between the first and third bar, indicating strength.
Added to position on breakout pullback buy setup with original stop. The gap actually ended up being an exhaustive gap and buy climax.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-04-30 09:44:11 | ZYNE | buy | $12.790 | long |
2019-04-30 09:44:11 | ZYNE | buy | $12.790 | long |
2019-04-30 10:04:41 | ZYNE | buy | $12.700 | long |
2019-04-30 10:52:22 | ZYNE | sell | $12.260 | long |
2019-04-30 11:15:23 | ZYNE | sell | $12.050 | 0 |
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