- Daily Chart: Uptrend, Consolidation below recent highs.
- TTM Squeeze: 78m / 2h
- Earnings Date: 1/22-
Reason For Entry:
- Playing the 78m / 2h chart. NOW is in a pattern of consolidation below recent highs. The TTM Squeeze has shifted momentum. Entered the trade at the buy zone for a (1/5) size position. This is a small day trade. Valid setup.
Reason For Exit:
- NOW looked weak in the first hour of the open and closed the trade as price dropped below the stop out zone.
- Nice entry in the buy zone and the trade was valid with a setup and TTM Squeeze gaining momentum. Exit the trade as price fell below the stop zone (tomorrow is a holiday so I was planning on exiting this trade by the eod).
|2019-11-26 15:22:57||29 NOV 19 280 CALL||buy||$1.700||long|
|2019-11-27 09:53:09||29 NOV 19 280 CALL||sell||$0.7500||0|
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