re-entered the same stock I took a big % lost in the morning; $PDSB was showing higher lows and held well above that 1.15 lvl. Entered with same size and told my self I would risk the 1.30 lvl. What really gave me more conviction to enter was the increasing volume. So generally don't like trading near the middle of the day, but with this show it can spike, with volume coming in again I told myself there's still room for the upside. It hit 1.30, but then broke it so I was sticking to my plan. It then hit the HOD and still remained patient as my target was a break to a NHOD. Got the strength into a NHOD and sold right away. I sold on the 2-min wick where the NHOD was 1.62. An excellent exit on my part as the stock ended fading for the entire day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-04-16 10:20:43 | PDSB | buy | $1.380 | long |
2020-04-16 10:32:23 | PDSB | sell | $1.550 | 0 |
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