Big gap to ATH and out of range on the daily. I played the morning setup kept on my radar for this consolidation. It took some time and had a few other tempting entries, but I waited until the 9 and 20ema were tucked right underneath. Timed it perfectly when it started to pop. There was a temporary price level at $22 earlier in the day, so I thought if it broke that level it would get a real nice pop. So I added more there, but looking now it was too extended. I did add more on the next pullback to MAs. Didn't quite get the run I wanted, but a nice little gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-11-19 14:00:34 | SONO | buy | $21.750 | long |
2020-11-19 14:00:34 | SONO | buy | $21.750 | long |
2020-11-19 14:07:25 | SONO | buy | $22.020 | long |
2020-11-19 14:07:25 | SONO | buy | $22.020 | long |
2020-11-19 14:36:08 | SONO | buy | $21.920 | long |
2020-11-19 15:16:06 | SONO | sell | $22.190 | long |
2020-11-19 15:16:06 | SONO | sell | $22.190 | long |
2020-11-19 15:24:06 | SONO | sell | $21.990 | long |
2020-11-19 15:24:06 | SONO | sell | $21.990 | 0 |
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