Went short for the break of the 20 EMA on the 5 minute chart. JMIA fell to VWAP and then pulled back to 14.50, creating a lower high from the HOD. Order flow was thin with sporadic price fluctuations that occurred every few moments. Eventually the weakness continued and price fell to 13.50. I exited on the pullback to the 20 ema.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-08-13 11:40:58 | JMIA | sell | $14.466 | short |
2020-08-13 14:25:32 | JMIA | buy | $13.730 | 0 |
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