Shared by
240stockslive
pm algo line short
good trade was patient with it. it broke uptrend line from PM came back and retested it where I got in. a+ entry
quickly sold off I took half off more off. took more off looked strong kinda late on that move. I really have took more. started to push I took it all off that was mistake. my average was 30.
got back in started working then from there it was real weak it should hold below vwap but this didnt. I think the better entry on this is to get out atleast most size when it came back down bwcasue you know if it holds there and is bullish its gonna squueze and that's gonna fuck you.
Got out just before the squeeze. Actually a great opp to add short.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-02-06 09:33:48 | PTON | sell | $30.000 | short |
| 2020-02-06 09:38:07 | PTON | buy | $29.490 | short |
| 2020-02-06 09:46:23 | PTON | buy | $29.820 | 0 |
| 2020-02-06 09:47:48 | PTON | sell | $29.800 | short |
| 2020-02-06 09:49:44 | PTON | sell | $29.800 | short |
| 2020-02-06 10:20:23 | PTON | buy | $29.880 | short |
| 2020-02-06 10:21:02 | PTON | buy | $29.910 | 0 |
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