Shared by
Camglinton_BOWS
I thought 73 would act as resistance kept going..
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-01-29 11:00:04 | NOW | sell | $73.010 | short |
| 2015-01-29 11:05:40 | NOW | sell | $72.830 | short |
| 2015-01-29 11:31:11 | NOW | buy | $73.500 | 0 |
Comments
tombro
cam, 1 thing i've started to do (since I can be prone to hallucinating setups) is to mark all my trades with the setup, and if it doesn't have a setup mark it as such. I ingrains the setups more firmly in my head, and takes my "thinking what a stock will do" more out of the equation.
at the time of your entry, this looks like it's setting up a flat top breakout (but closer to the area of your exit cuz i'm not sure 11am had enough tapping action yet-besides that little takeout move above and back below the current high of day woulda made me pause)
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way to early for short and its first day of runner..u get the short either at the open or late day.
mid day relative strength like this gets bought