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JMIA

Nov 4, 2019 15:15


Tags:

small 300 m - 2 b services live grade c flt under 10 m dip buy 1/2 $ bought near support bad exit

This has been basing and in a slight uptrend on the daily for past few weeks. I entered at the support of 2 previous closes and half $ mark 6.48. Trying to have faith to buy at support levels, double bottom. Hard to do when the stock is in a downtrend. This opened the next day with a spike and consolidated all day. I exited half position with .03 loss to minimize risk. Held other half of shares o/n had a stop and got stopped out.

Bad exit plan.


Execution detail:

Date/time Symbol Side Price Position
2019-11-04 15:15:00 JMIA buy $6.480 long
2019-11-04 15:15:00 JMIA buy $6.480 long
2019-11-05 09:16:00 JMIA sell $6.620 long
2019-11-05 14:07:00 JMIA sell $6.450 long
2019-11-05 14:07:00 JMIA sell $6.450 long
2019-11-05 14:07:00 JMIA sell $6.450 long
2019-11-06 09:31:00 JMIA sell $6.260 0


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