TER wasn’t on my radar initially but was very strong today and I was keeping an eye on it. It sold off hard from 1:40 to 2:40 and it caught some bids at 56.6 which is yesterdays high. I waited for the bounce to start before getting in as I wanted confirmation, I got in at 56.8 with a stop at 56.68. I took off half at 57.05 where I noticed some sellers step in. I sold my other half as the stock at 56.76 was coming down because the pullback seemed very steep for the up move that just happened…THIS WAS A MISTAKE! I should have added more as the stock had just made a higher low! The stock proceeded to sky rocket 2 points!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-07-24 14:45:56 | TER | buy | $56.800 | long |
2019-07-24 14:58:59 | TER | sell | $57.052 | long |
2019-07-24 15:06:54 | TER | sell | $56.760 | 0 |
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