Conclusion: When a Gap and Go candidate is showing weakness just before the open, trade carefully, as it may chop, consolidate, or reverse.
Very fast up move in the PM, just before open.
PM Buildup ended with a small green topping tail, followed by a large red candle with substantial volume.
Price was pulling back just before open on the 1 min.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-07-20 09:32:01 | SRNE | buy | $8.500 | long |
2020-07-20 09:32:01 | SRNE | buy | $8.500 | long |
2020-07-20 09:32:53 | SRNE | sell | $8.090 | long |
2020-07-20 09:32:53 | SRNE | sell | $8.090 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!