Great daily chart forming a bull-flag, looking set to break-out and continue higher towards $92-92.5 after previous day's hammer candle.
Opened above the desc. resistance trendline and yesterday's close=$89 and immediately rallied towards R1=$89.6.
Take it or miss it trade,
Long Tier 0, risking LOD=$89, as it was breaking through R1, expecting the move to R3=$92-92.5.
Profits in-front of R2=$90.5, $91 whole number and $92 as it looked tired after huge extention higher.
(-) This trade deserved much more size than just Tier 0...
(-) Should have also kept a trailer with stop at LOD=$89 since I am with trend...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-06-30 09:32:43 | QCOM | buy | $89.620 | long |
2020-06-30 09:32:45 | QCOM | buy | $89.630 | long |
2020-06-30 09:38:01 | QCOM | sell | $90.350 | long |
2020-06-30 09:41:44 | QCOM | sell | $90.890 | long |
2020-06-30 10:03:17 | QCOM | sell | $91.750 | long |
2020-06-30 10:22:17 | QCOM | sell | $91.630 | long |
2020-06-30 10:58:58 | QCOM | sell | $91.370 | 0 |
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