Shared by
denlitvinn
Big Picture
Prev day had a good bounce off daily level with a strong follow-up today.
Intraday Fundamentals
The stock opened with a gap up, the previous day high as support. The stock was holding prev day support in the morning, the idea is to trade after it gets above the morning range.
Execution
The stock had good momentum in the morning so I started looking for getting long on the pullbacks despite the absence of important levels on daily, which was my mistake, I should have waited for a proper pull back, showing some support before getting in, I was chopped up in the end 5 times I tried to get in.
Grade
setup: B
entries: D
exits: D
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-12 10:31:01 | DDOG | buy | $89.210 | long |
| 2020-11-12 10:41:53 | DDOG | buy | $89.490 | long |
| 2020-11-12 10:45:56 | DDOG | sell | $89.080 | 0 |
| 2020-11-12 10:48:49 | DDOG | buy | $89.090 | long |
| 2020-11-12 10:54:33 | DDOG | sell | $88.775 | 0 |
| 2020-11-12 10:57:00 | DDOG | buy | $88.920 | long |
| 2020-11-12 10:59:49 | DDOG | sell | $88.690 | 0 |
| 2020-11-12 11:00:19 | DDOG | buy | $89.030 | long |
| 2020-11-12 11:24:27 | DDOG | sell | $88.660 | 0 |
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