Shared by
Cklamb
CVS
Macro news, sector momentum and a non-fundamental news release that may or may not impact overall revenue fractional.
Reading the tape
This tape was slow. I watched this and price action as it looked like it might break the morning trend. I saw what was looking like good support in the lower teens and a couple small bounces off of .11
Trade Management
Notes
• Lesser trade, this set up should be used for morning retest gaps. This was simple MA play on an extended stock
• Good trade that needs tighter risk still a 2to1 set up
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-07-11 11:34:47 | CVS | buy | $58.230 | long |
| 2019-07-11 11:46:34 | CVS | sell | $58.475 | 0 |
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