Conclusions:
- No Late Weakness Allowed for G&G Contenders
- Topping Tails at the End of the Buildup Indicates Weakness, Possible Consolidation or Breakdown
Action:
Bought 1 min HoH, Stop to Low of PB, FPT $4.55
Stopped Out
Analysis:
Steady Up-Move in the PM, High Volume Red Candles in the Pullback just before the Open
Topping Tail in the Opening Candle Indicated Imminent Consolidation
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-23 09:33:14 | SCKT | buy | $4.220 | long |
2020-10-23 09:33:14 | SCKT | buy | $4.230 | long |
2020-10-23 09:33:15 | SCKT | buy | $4.230 | long |
2020-10-23 09:33:15 | SCKT | buy | $4.230 | long |
2020-10-23 09:35:09 | SCKT | sell | $3.800 | 0 |
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