20ema(5min) bounce - (6c/40c Risk/Reward) - this was on my watch list and i noticed yesterday the stock was respecting the 20ema on the 5min chart. a few times it made a quick wick below 20ema, but would then rebound and move higher. this is occur again this morning and took the long on the remount. two things i did wrong on this trade...only went 1/2 position and sold too early. left 60c on the table with my last piece.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-07 10:02:51 | WIX | buy | $22.330 | long |
2015-05-07 10:02:51 | WIX | buy | $22.330 | long |
2015-05-07 10:13:56 | WIX | sell | $22.650 | long |
2015-05-07 10:16:45 | WIX | sell | $22.540 | 0 |
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