This came from some patience. This was bottoming out a bit on the tape. It was trading in no man's land. It was a few minutes after 8 and trading under 122 with issues pushing into the 121.80 area on both the chart and on the tape. I entered small again because a fallout here could have been severe. A nice trade in general that hit my conservative target. This did set up for the full run into VWAP though and did not set up to get a runner again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-01-12 10:09:41 | TSM | buy | $121.760 | long |
2021-01-12 10:17:21 | TSM | sell | $122.213 | 0 |
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Patience is a Virtue.