Forgot I had my target set, which it hit and sold. I was planning on holding this one for a few more days for a much larger gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-20 09:52:44 | UWTI | buy | $3.341 | long |
2015-05-20 09:52:44 | UWTI | buy | $3.341 | long |
2015-05-20 09:52:46 | UWTI | buy | $3.342 | long |
2015-05-21 05:22:25 | UWTI | sell | $3.500 | long |
2015-05-21 05:22:25 | UWTI | sell | $3.500 | long |
2015-05-21 05:22:25 | UWTI | sell | $3.500 | 0 |
Hey Dennis! Thanks man!
(see image link for why I enterred)
There was a level of support there, plus this thing had been down 5 days in a row, it was over sold on stochastics as well. Yesterday when I saw the doji candle I knew (well didn't know, but was confident) that there would be a reversal of the stock.
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nicely done! what alerted you to this trade? I assume you were looking at USO index. I was thinking it would test the 50DMA instead of find support at the 20DMA.