I reattacked after I noticed the stock failed multiple times to reclaim VWAP. I had a starter position at VWAP and was willing to add to my position, if the stock reached $1.40 area (previous stuffed candle). I covered for a loss after $1.45 daily support broke, willing to reattack at $1.50 half dollar mark.
--> solid plan imo. I should have been more patient and waited for my ideal lines instead of my FOMO entry at $1.43. My covers were good imo.
Shorted again the bounce off of VWAP and noticed the weakness of the stock. Covered for a solid win.
--> Very patient and disciplined.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-21 12:29:17 | PLIN | sell | $1.300 | short |
2020-10-21 12:44:23 | PLIN | sell | $1.400 | short |
2020-10-21 12:46:11 | PLIN | buy | $1.460 | 0 |
2020-10-21 12:48:07 | PLIN | sell | $1.430 | short |
2020-10-21 12:48:39 | PLIN | sell | $1.480 | short |
2020-10-21 12:50:55 | PLIN | buy | $1.380 | 0 |
2020-10-21 12:54:19 | PLIN | sell | $1.380 | short |
2020-10-21 13:10:50 | PLIN | buy | $1.250 | 0 |
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