CROX was on my radar this morning because it had EPS beat / raised guidance and is in a longer-term uptrend. I wanted to try trading the open with this stock if it broke above the 26 level. It did and I bought 2 tiers at 26.18 but it quickly came back down under 26 and I had to cover in a panic at 25.62. For my first attempt at trading the open I’m disappointed. The stock has been forming a wedge pattern all morning below the 26 level. Stock proceeded to trend down all day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-08-01 09:32:14 | CROX | buy | $26.180 | long |
2019-08-01 09:33:12 | CROX | sell | $25.600 | 0 |
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