INO Trade on Jun 23, 2020 09:49 from mrideout: Tradervue User Stock Trades.

Daily:
INO strong uptrend. Broke above $16 & $20 resistance levels on very high volume.

Intraday:

Price rallied premarket but sold off on low volume below vwap. At market open, price continued to sell off on falling volume, then created a morning star/hammer candle. I went long at the break of VWAP and sold at the 17.30 premarket level.

Areas of improvement

I could have entered sooner, on the first 5 min new high given the weak sell off (decreasing volumes) and strong daily bull trend/break out. My exit was premature, despite the doji that formed at this level. Using the 1 min 9 EMA as a guide could have been effective for when to sell, as the price continued to rally significantly higher, which I missed out on.

Possible exit signals could have been at 10:13 with a average sized candle on VERY high volume, followed by 10:15am on the 1 minute chart with back to back doji's.

Another place to have re-entered was at 11:00am when price pulled back to VWAP and created a hammer on higher volume following the low volume consolidation from 10:15 until 11am. First target could be the shooting star that formed on high volume at 11:45.

Next re-entry could have been on the breakout at 12pm on high volume, exit on the hanging man at 12:15pm that was extended from the 5 min 9 ema.