AMD consolidated below Pre Market low and reclaimed the level along with VWAP at around 10:45 AM. Once it reclaimed, I began fighting for my entry. I found a great spot to get long around the MA + VWAP confluence area. I scaled my position out as we traded into resistances but did NOT find a good place to add-on. Looking back at the price action, I still don't see a good spot where an add-on would have been called for.
Clean intra-day price action made for a clean intra-day 5m setup. I love these setups!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-05-09 11:28:18 | AMD | buy | $26.440 | long |
2019-05-09 11:28:51 | AMD | buy | $26.410 | long |
2019-05-09 11:54:50 | AMD | sell | $26.660 | long |
2019-05-09 12:25:12 | AMD | sell | $26.830 | long |
2019-05-09 12:35:07 | AMD | sell | $27.010 | long |
2019-05-09 12:42:04 | AMD | sell | $27.250 | long |
2019-05-09 14:05:08 | AMD | sell | $27.240 | 0 |
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