2nd day play
Stop: 133.80$
R: -1
134$ was an important level from the previous day and today and I wanted to play the EOD bounce to 135$. Some buyers were showing up on the bid as expected, but the stock was pretty much dead with regards to volume.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-11 15:36:42 | MNST | buy | $133.990 | long |
2015-05-11 15:37:37 | MNST | sell | $133.890 | 0 |
2015-05-11 15:38:52 | MNST | buy | $134.100 | long |
2015-05-11 15:46:09 | MNST | sell | $133.850 | 0 |
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I do not see any setup here.All i see is grinding downtrend.