PTI Trade on Dec 17, 2019 08:44 from Teyrex_Trading: Tradervue User Stock Trades.

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Teyrex_Trading

 

PTI got destroyed in the premarket session and when it bounced and started looking heavy on the Offer again I decided to take a shot at this trade since the momentum had clearly shifted based on the drop it had.

I wasn't completely confident that $3.25 was going to be the top of this bounce so I sized in small looking to add into a $3.75 or $4.00 push back to R/G area. In the end I never had a chance to feel good about adding so I stuck with my size and played the chart.
Which threw off my R/R on this trade.

My entire goal was to see if it would push down to $2 and show me what it did on the $2 test.

In the end I sold half ahead of $2 and then some under $2 which locked me in over a $1 per share trade which I was very happy with.

image

With key daily levels on my chart.
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Execution detail:

Date/time Symbol Side Price Position
2019-12-17 08:44:20 PTI sell $3.040 short
2019-12-17 10:24:18 PTI buy $2.055 short
2019-12-17 10:33:13 PTI buy $1.870 0


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