ITCI Trade on Dec 23, 2019 09:39 from Teyrex_Trading: Tradervue User Stock Trades.

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Teyrex_Trading

 

ITCI gaped up huge premarket with a ton of volume all due to their FDA approval on a drug for treating Schizophrenia. Drew out my support levels based on the prior long term chart and waited for the bell to ring and see which direction the price action settled in.

I took my Tier 1 as the support started to hold at 23.50 (risking $40) I then added my tier 2 full position as the price continued to hold and trend off VWAP on the last higher low.

I peeled my profits off along the way and even entered a second trade as the trade line held on the pullback to $31. I sold way to soon and I was even telling myself to stay patient and watch the 5min trend line. Trade and learn, will adapt and trade the trend line next time.

I traded this in the afternoon to with one loss and one win for break even on those.
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Execution detail:

Date/time Symbol Side Price Position
2019-12-23 09:39:42 ITCI buy $24.240 long
2019-12-23 09:54:17 ITCI buy $25.590 long
2019-12-23 10:00:14 ITCI sell $28.760 long
2019-12-23 10:05:09 ITCI sell $28.310 long
2019-12-23 10:09:53 ITCI sell $29.910 long
2019-12-23 10:12:17 ITCI sell $32.420 long
2019-12-23 10:13:48 ITCI sell $31.991 0
2019-12-23 10:30:48 ITCI buy $32.430 long
2019-12-23 10:32:28 ITCI sell $31.680 0
2019-12-23 10:36:27 ITCI buy $31.990 long
2019-12-23 10:44:57 ITCI sell $31.260 0
2019-12-23 10:50:48 ITCI buy $32.070 long
2019-12-23 10:51:41 ITCI buy $33.000 long
2019-12-23 11:04:03 ITCI sell $35.020 0
2019-12-23 13:45:18 ITCI buy $35.660 long
2019-12-23 13:48:34 ITCI buy $35.620 long
2019-12-23 13:55:25 ITCI sell $34.260 long
2019-12-23 13:57:34 ITCI buy $34.800 long
2019-12-23 14:01:51 ITCI sell $34.210 0
2019-12-23 14:05:06 ITCI buy $34.590 long
2019-12-23 14:13:12 ITCI buy $34.750 long
2019-12-23 15:47:29 ITCI sell $36.340 0

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