There was not enough buying strength to push NIO through the PMH into ATH levels. Probably because it's Friday. I knew it was risky business and should have looked at HTZ, which made a good G&G run before fading.
Short session, annoyed by the result but held my initial trading plan to stop at -1R for the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-16 09:31:16 | NIO | buy | $29.370 | long |
2020-10-16 09:31:57 | NIO | sell | $29.120 | 0 |
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