The stock was gapping up 4.25% with 15 time s the average volume traded premarket, as it announced the will buying TNT in Europe. Support at 172, Resistance at 175. ATR: 2.38. I want to buy on support once stock tells me to buy.
Execution + Review
I bought in the correct place risking what I had planned. The stock moved in my favor so I raised stop to break even, as it could be seen the stock was doing a lighthly lower high, every time it went to the 173 + area.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-07 10:08:31 | FDX | buy | $172.120 | long |
2015-04-07 10:29:09 | FDX | sell | $172.170 | 0 |
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