AGQ Trade on Aug 21, 2020 10:49 from mrideout: Tradervue User Stock Trades.

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mrideout

 

AGQ initally sold off in premarket and during opening bell, but retraced back to the 50 EMA on the 5 min. It then reversed and sold off again below vwap, creating a symmetrical triangle or a double bottom with the second low being higher than the first. I waited for the break above the upper trendline to go long. I entered on the break with a price target at 58.00, which was the 200 ema. The price made multiple attempts to push higher but kept getting sold off, so I closed out at breakeven. Didn't want to finish friday on a red day, especially after a lackluster week.


Execution detail:

Date/time Symbol Side Price Position
2020-08-21 10:49:07 AGQ buy $57.066 long
2020-08-21 11:11:34 AGQ sell $57.095 0


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