Shared by
TrendSupporter
I entered this after the drop under 5.38 line but came right back up. I entered just over that line on the next p/b. I kept a hard stop and my thesis was right or right out. My stop was the previous low and it stopped me out. I entered since it had room to run until next resistance lvl around 6.20. Afterwards I did see it sold $200 mil. shares a week ago so not best long but I was mainly looking for a dead cat bounce.
Grade C
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-01-06 11:56:00 | PHAS | buy | $5.420 | long |
| 2020-01-06 11:56:00 | PHAS | buy | $5.420 | long |
| 2020-01-06 11:56:00 | PHAS | buy | $5.420 | long |
| 2020-01-06 12:16:00 | PHAS | sell | $5.330 | 0 |
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