Open Type - Gap Up slightly above H1 with Test Drive Up.
R2T - After many days of LH on daily and extended move down, possible bounce once H1 was break. Strong Open, VWAP helding 2 times, saw channel and tried with defined risk.
R's / MFE R's: -1R ( 0.2R MFE )
Comments: Best entry technique to wait lower level to test / hold and enter Buy Stop order AFTER it happens, above actual price VS a LMT Order below current price (unless u go for a super low risk to buy on to specific lower support)
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Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-08-24 11:38:47 | MU | buy | $43.650 | long |
2020-08-24 11:47:06 | MU | sell | $43.550 | long |
2020-08-24 11:47:06 | MU | sell | $43.550 | 0 |
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