Gapped up on housing news, showed support after the bell breaking premarket highs then pulled back and I put an order at VWAP expecting it to find support there and hold as a healthy trend zone and continue higher.
The problem with that was that that was MY plan but the market could give 2 shits and continued to wash out lower triggering a small panic.
Then it fully bounced and I banked on the Actual OTC swizzle play in the afternoon.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-09-09 10:14:42 | FNMA | buy | $3.360 | long |
2019-09-09 10:20:17 | FNMA | sell | $3.210 | 0 |
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