Shared by
Relytllc
[IDEA] Play: TTMMFI
Opening drive play based off selling or buying pressure out of the open failing initial move and reversing. Trade compressed due to open volatility.
[EXECUTION]
Trigger 1 confirmed buying pressure on open
Trigger 2 confirmed selling pressure reverses price action
Level 200SMA
Size: 500 (added 500)
[MGMT]
Target Level: 100SMA, reached
Hard stop: .10
Notes
Executed and Managed well, thesis was MU might drive lower so some profit given up allowing for this potential
Report Card
B | Executed and managed well
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-05-20 08:35:42 | MU | sell | $34.962 | short |
| 2019-05-20 08:38:16 | MU | sell | $34.760 | short |
| 2019-05-20 08:38:17 | MU | sell | $34.755 | short |
| 2019-05-20 08:40:45 | MU | buy | $34.790 | 0 |
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