First trade was a breakout of of the downtrend. Looking for a short squeeze like what it did the previous 2 times when it made a similar move afterhour and premarket. Didn't get it. Risk was 6.20. Out 6.16 on a fakeout.
Second trade was once again a breakout of the 6.30-6.35 area. Target was 6.50+. Risk 6.27-6.30. Didn't get the move I wanted So I got out all of my position premarket into the 6.40s. Good decision here because it panic down hard to the 5's.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-01-14 08:16:57 | DPW | buy | $6.300 | long |
2021-01-14 08:19:56 | DPW | sell | $6.160 | 0 |
2021-01-14 08:22:07 | DPW | buy | $6.370 | long |
2021-01-14 08:27:37 | DPW | sell | $6.450 | long |
2021-01-14 08:29:47 | DPW | sell | $6.420 | 0 |
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