Microsoft Corp. announces that its next-generation Xbox gaming console will use AMD chips.
Solid Catalyst
Symbol : AMD
Gap : 35
RVOL : 1.3
pmVOL : >500K
avg Vol: 880K
Float: 1B
Short Float: 10%
pmPATTERN : 2 Bull Flags with 1 bad print. Drop below the second pennant just prior open and opening below VWAP
Catalyst : News
Support: 33.10 32.50
Resistance: 34
Inflection: 33sh
Set-up : Uptrend Continuation above pm high if price consolidates or 5min ORB for the break of pm high. Short 5min ORB below 33.70
Size : 320
Entry : Long @34 / Short @33.70
Takes : 1.5 / 2.5 / 4 / 6 pnl
Exit : -0.20$
The stock rejected opening price slowly fading to pm level of support. I have shorted it below 33.45! I liked the entry but could have been slightly anticipated.
Few cents to my first take the stock reversed at my opening price, reason why I have decided to close it break even.
First day risking around 80$ per trade, my hearth was at 2000 pulse per minute hahahaah
Happy about the overall trade management and mentality!
14/08/19
I have entered too late, 18 cents too late!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-06-10 09:37:37 | AMD | sell | $33.420 | short |
2019-06-10 09:37:37 | AMD | sell | $33.420 | short |
2019-06-10 09:37:37 | AMD | sell | $33.420 | short |
2019-06-10 09:40:22 | AMD | buy | $33.410 | short |
2019-06-10 09:40:22 | AMD | buy | $33.410 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!