Stop: 69.79$
R: 2
Decent scalp on the 1 - 2 - 3 below 70$. Stock could not trade below this important level, so I was looking to trade into the squeeze above 70$, but bailed, when there was no volume trading above the level. Could have traded more size given the 3:1 risk/reward.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-13 10:37:54 | DD | buy | $69.850 | long |
2015-05-13 10:44:12 | DD | sell | $69.980 | 0 |
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