Shared by
icinfinite
This was a bit of a FOMO trade, I missed the entry after it bounced off of the VWAP and then waited for a 1 min pullback. I should have bought it on the way up but was waiting for that pullback to get a nice entry, once it did pullback it was pretty extended and I do not like to buy a stock this extended but the price action, level 2 and time and sales showed a ton of buyers and it had some serious momentum. I waited for it to pullback below 5.50 and bought at 5.41, then held through a push back above 5.50 and up to 5.80 it hit resistance so I got out with a decent win. Here is my full trade recap:
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-10 09:54:15 | GTEC | buy | $5.410 | long |
| 2020-11-10 09:55:06 | GTEC | sell | $5.751 | long |
| 2020-11-10 09:55:06 | GTEC | sell | $5.760 | 0 |
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