-Many sellers stepped in today but AGRX still closed green
-Still holding above 2.40 technical level on daily chart which is bullish
-FDA gives nod to their Twirla contraceptive patch (Continuation)
Panic Pop Short: 3.00 - 3.10, risking high 3.10s
Washout Long: 2.45-2.35, risking high 2.20s
Textbook washout long at important support level. Huge price range on a single 3 minute bar then a clean hold of the 2.35 level. 62k bid prop on tape gave me conviction to add another lot at a higher price, took profits quickly on this one.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-11-06 10:50:13 | AGRX | buy | $2.360 | long |
2019-11-06 10:52:19 | AGRX | buy | $2.360 | long |
2019-11-06 10:53:01 | AGRX | buy | $2.380 | long |
2019-11-06 10:54:14 | AGRX | sell | $2.450 | long |
2019-11-06 10:54:39 | AGRX | sell | $2.470 | 0 |
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