RKT Trade on Aug 20, 2020 09:31 from mrideout: Tradervue User Stock Trades.

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mrideout

 

Took two trades on RKT. The first trade I was shaken out of, which was an ORB. I exited when price broke below the open of the prior candle. Price then reversed and continued higher.

The second trade I took for a break above the resistance at 23.00 and exited slightly higher when momentum stalled. After my exit, another trade could have been taken at 11:10am when price pushed from the 9 EMA on the 5 min, creating an ABCD pattern. Exit could have been on the first 5 min new low at 11.35am.


Execution detail:

Date/time Symbol Side Price Position
2020-08-20 09:31:42 RKT buy $22.759 long
2020-08-20 09:35:27 RKT sell $22.450 0
2020-08-20 10:25:36 RKT buy $23.030 long
2020-08-20 10:28:20 RKT sell $23.178 0


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