JMIA Trade on Aug 10, 2020 11:49 from mrideout: Tradervue User Stock Trades.

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mrideout

 

JMIA sold off in the morning with a 2 legged ABCD pattern. Price reversed to the 200 EMA on the 5 min and found support at the 18.80 level. Waited for an entry until it was above all the moving averages and then entered long with an inital 200 shares. Added an additional tier when the price continued. Sold all when price hesitated at 20.25 for several moments with the expectation of a reversal (which followed).


Execution detail:

Date/time Symbol Side Price Position
2020-08-10 11:49:11 JMIA buy $19.699 long
2020-08-10 11:50:36 JMIA buy $19.820 long
2020-08-10 12:09:49 JMIA sell $20.251 0


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