IMRN Trade on Jul 20, 2020 09:55 from Mance_Trader: Tradervue User Stock Trades.

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Mance_Trader

 

Conclusion: With Parabolic stocks, wait for a full 1 minute red candle as a pullback for an entry, ideally, a pullback to resistance, like an EMA or VWAP.

Got scared from a 1 min pullback, and exited for a small win. The first 1 min candle after my exit bounced off the 9 EMA, and popped from $14 to $19 in 5 minutes.

In this case, I would've been better if I had waited for the price to pullback to the 9 EMA for an entry.


Execution detail:

Date/time Symbol Side Price Position
2020-07-20 09:55:52 IMRN buy $13.870 long
2020-07-20 10:01:48 IMRN sell $13.910 0


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