Small profit 0.6R. I exited, because it was getting close to lunchtime and I thought it would drop. Also I thought the price was extended on the 30-minute chart and "too high" above VWAP intraday.
I missed out on up to 8.5R gains on this one or 5.5R gains if I don't count the EOD run. I was looking at this in the afternoon too and wondering if I should enter, but I figured it's been up all day and it must come down now. It was also "too high" above VWAP again. I shouldn't worry about it if the price seems "too high" above the VWAP.
I found this stock in my finviz scan for stocks making new highs on 1.5 relative volume.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-31 11:08:00 | TWOU | buy | $24.380 | long |
2015-03-31 11:10:00 | TWOU | buy | $24.420 | long |
2015-03-31 11:53:00 | TWOU | sell | $24.490 | 0 |
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