Target: $6+ | 2.7878:1 R:r
Risk: Around $400 vs. %4.75
Setup: Audio collaboration with Xpeng. Part of very hot sector at the time and could have been big pump. There was a 2m bull flag that I wanted to get in on.
Pros:
Cons:
1. I think emotions got the best of me and I didn't see the problems such as an upcoming double tap plus the 5m not looking so good. I was just blinded by how hot the sector was doing and thought that this thing could run.
2. The real setup was earlier at 10:28 when couldn't break down and ran past $4.35 resistance.
3. This thing worked later on and I stopped paying attention to it.
Note:
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-12-03 10:44:00 | LIZI | buy | $5.080 | long |
2020-12-03 10:44:00 | LIZI | buy | $5.080 | long |
2020-12-03 10:46:00 | LIZI | sell | $4.757 | long |
2020-12-03 10:46:00 | LIZI | sell | $4.757 | 0 |
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