Got prematurely shaken out of SRNE. Went long on break above morning high with 9 EMA on 5 min as support (and break below as stop). Price hit momentary & weak resistance at 11.50 then pulled back to the 9 EMA and bounced off creating ABCD pattern. There was no reason to sell. Profit target could have been price level at 12.00.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-08-04 10:52:45 | SRNE | buy | $11.210 | long |
2020-08-04 11:01:03 | SRNE | sell | $11.445 | 0 |
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