SRNE Trade on Aug 11, 2020 10:04 from mrideout: Tradervue User Stock Trades.

After going long SRNE failed, I flipped and went short. The entry was a bit of a chase but it paid off, although it could have been argued that it was in anticipation of the LOD failing and creating a new low, which occured.

Given that my stop was farther from VWAP, using it as a stop would have been poor, and I would have had to exit sooner if the trade failed.

Took profit at $16 since it was a resistance level in premarket (now support).

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-08-11 10:04:29	SRNE	sell	$16.845	short
2020-08-11 10:04:38	SRNE	sell	$16.760	short
2020-08-11 10:32:08	SRNE	buy	$16.107	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SRNE&trade=18480041&end=20200811125208&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SRNE&trade=18480041&end=20200811105308&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SRNE&trade=18480041&end=20200910&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

SRNE Trade on Aug 11, 2020 10:04 from mrideout: Tradervue User Stock Trades.

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