2nd Trade:
Backside:
I shorted a pop off VWAP and covered under VWAP at $12.00 support.
A potential add would have been at $13.00, risking $13.11
--> well done! It’s much easier to short the backside!
The stock failed to pop again, so there was no more trade for me
--> great mindset and plan!
--> Very last STP should be the top of the spike ($13.70)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-12-01 10:10:19 | CAAS | sell | $12.490 | short |
2020-12-01 10:11:40 | CAAS | buy | $11.930 | 0 |
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