Took MOMO long as it held vwap/subtle higher lows; my stop was at 34.37 (below the wick of the low of this consolidation). My first target was a push above 35 to take half off, but it failed to break over 35, it then came back down to my stop. In hindsight I should not have let this come back against me as I was nicely in the money; it is better to take profits than have this happen.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-08-27 09:46:08 | MOMO | buy | $34.610 | long |
2019-08-27 09:50:54 | MOMO | sell | $34.370 | 0 |
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