Shared by
Teyrex_Trading
MNK I had previously set an alert in the event the price started breaking this long term multi-month resistance in the low $4 area. So when the volume started to come in near this $4 zone and teh price kept pushing I grabbed a pull back looking for the next push to hopefully break this resistance and squeeze. If the plan failed my low risk entry would ensure that I could take this trade with minimal downside.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-01-15 12:04:47 | MNK | buy | $3.900 | long |
| 2020-01-15 12:31:31 | MNK | sell | $4.105 | long |
| 2020-01-15 12:38:04 | MNK | sell | $4.320 | long |
| 2020-01-15 12:44:29 | MNK | sell | $4.400 | long |
| 2020-01-15 12:45:52 | MNK | sell | $4.500 | long |
| 2020-01-15 12:47:50 | MNK | sell | $4.730 | long |
| 2020-01-15 14:02:03 | MNK | buy | $4.390 | long |
| 2020-01-15 14:40:14 | MNK | sell | $4.370 | 0 |
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