Shared by
tradejazz
Trade Checklist
- Setup: PRBO/
- Entry: 12.5 / 12.4
- Stop: 11.93 / 12
- Spread: 1
- Shares: 10
- T1: 14
- T2:
- Reward:Risk Ratio (T1): 3.8
- Price-action read: 3 candles = Bearish sell pressure
- Trending? SLight Pullback
- Volume Trend Favorable: Yes, most green one small red.
- Reversal probability? Potential HoD?
- Exit:
Details:
Treading LONG from GAP UP.
Took 1/2 at 10c, 2nd half stopped market 12.42 sold at 12.34 on quick dip (Spread got wider).
Late entry. Made HoD and based. Anticipated more potential on gap up earnings.
WEEKLY_REVIEW: This stock was bear flag on daily so it is pulling back. And BUY HoD is not warranted in momo is in other direction. (i.e. countertrend)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-08 10:11:22 | AERI | buy | $12.420 | long |
| 2015-05-08 10:18:30 | AERI | sell | $12.520 | long |
| 2015-05-08 10:20:23 | AERI | sell | $12.340 | 0 |
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