Another dumb knee-jerk reaction trade. Thought I could scalp it down to vwap and it busts loose right after order executed. Ignoring the daily, the intraday is bull-flag
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-06-24 15:39:00 | FSLY | sell | $74.697 | short |
2020-06-24 15:41:00 | FSLY | buy | $75.530 | short |
2020-06-24 15:41:00 | FSLY | buy | $75.530 | 0 |
thanks Sam, ya this is one of my worst trades since going live for sure
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Stock tested the VWAP at 1 pm . It again tested the same level after 2 hours. If this was weak it should have stayed below 73 at least for continuation setup.