Very choppy stock, lots of candles with long wicks. The 180 SMA on the 1m chart seemed to provide support, pushing the stock up higher towards VWAP. I got in a little early and only a small spike up before it was sold below VWAP again, but not reaching my stop level. The next push up created another setup similar to the one I got in at, and this time there was a record surge in volume and the price spiked up way past my profit target.
Got out pretty nicely and there were no more valid setups on this one. Weird move and I'm done for today slightly green.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-12 10:00:06 | LIZI | buy | $4.200 | long |
2020-10-12 10:07:34 | LIZI | sell | $4.620 | 0 |
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