I took this looking for a breakout on the daily, and it had an OR relvol signal as I usually look for. I'm not sure if this trade was a good one or not, as it's a little different than what I usually look for since the stock is so oversold on the weekly/daily, but it did have good intraday strength at the open. However, there was resistance overhead. Luckily I only started with a small position as per my plan, so the stop wasn't a big deal.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-11-21 10:00:37 | YUM | buy | $98.750 | long |
2019-11-21 10:20:30 | YUM | sell | $98.580 | 0 |
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