Was on the gap scanner but wasn't what I was primarily watching because it is a relatively new stock with not a lot of history and it was making all time new highs. This makes it less predicable. There were two 1 min candles that dropped the stock $3 per share and I thought this would but a lot of longs underwater so as it bounced I got in at 19.50 I was really trying to cancel the order and reset it at 20 because I saw it picking up steam but it got to my order to quickly. It hovered between 19.50 and 20 for a few min and then dropped below 19. It curled back up I covered half at 19 for a 50 cent profit. It then ripped higher and tested the highs for 3 min and then steeply dropped back down. I was nervous for a minute but it never quite got to high of day so I didn't stop out. It ground down lower but I had to go to work so I watched it there. There were definitely better exit points but work has me distracted much of the time so I covered the remainder at the close.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-12-16 10:25:31 | MIRM | sell | $19.500 | short |
2019-12-16 10:34:31 | MIRM | buy | $19.000 | short |
2019-12-16 15:59:54 | MIRM | buy | $17.210 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!