Whew! This may be the most picture perfect trade setup and execution I've ever had.
Earnings gap up, momentum name, watching for setup from the open.
Faded the gap for the first 40 minutes of the day. It pulled back and bounced off the 20ema intraday, hammer reversal candle and green candle just over the 9ema was holding. It took a minute to consolidate before it went, sold half on the first pop and the other half when it just seemed too extended to make it to the top without a pullback. (missed top tick of that candle by .03!
It then pulled back to the 9ema and was holding with a green candle. I entered, but it seemed to base for a while, I doulbled up when it started to popup and the 20ema wasn't too far away, not tight yet. It kept consolidating and tightening up. I was about to exit for fear of a big drop, but instead got the big pop! Sold in halfs on the way up!!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-11-19 10:09:24 | FUTU | buy | $44.620 | long |
2020-11-19 10:09:24 | FUTU | buy | $44.620 | long |
2020-11-19 10:21:08 | FUTU | sell | $45.180 | long |
2020-11-19 10:31:37 | FUTU | sell | $47.060 | 0 |
2020-11-19 10:59:49 | FUTU | buy | $46.250 | long |
2020-11-19 11:20:13 | FUTU | buy | $46.500 | long |
2020-11-19 12:44:23 | FUTU | sell | $47.420 | long |
2020-11-19 12:47:24 | FUTU | sell | $47.850 | 0 |
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