Shared by
Teyrex_Trading
TRADE 2
Even after taking my loss on SES this morning I still had this top and center because it was still holding $8.50 even when it broke below it recovered immediately. So I was watching for a Trade line VWAP cross in the afternoon with big volume to show me Shorts weren't willing to hold this into the close.
That's EXACTLY what happened and I missed my entry near VWAP but I was looking to see how $10 held up if it got over that and that's where I entered only a tier 1 since I was sitting red on the day already but wanted to take a shot at trading my plan.
I'm very happy with my patience holding until I saw $13 starting to act as the After hour top where I took of a small amount of shares. In hind sight I wish I took more off there because on my remaining shares I sold those for small gains only leaving too much on the table.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-01-02 15:34:11 | SES | buy | $10.250 | long |
| 2020-01-02 15:57:45 | SES | sell | $12.250 | long |
| 2020-01-02 16:13:04 | SES | buy | $11.090 | long |
| 2020-01-02 17:12:58 | SES | sell | $12.800 | long |
| 2020-01-02 18:54:41 | SES | sell | $11.200 | 0 |
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