Shared by
spyrosz
Nice daily, curling up, looked ready for the retest of $108.5 which is a 4-week old resistance level. On watch to see if it could clear R1=yesterday's HOD=$105 and rally to R2=$108.5 area.
Strong opening drive on volume + RVOL > 1.5 brought price above R1=$105.3 instantly.
Got long Tier 0 at the pullback to R1, risking LOD=opening print=$104.5 expecting the rally to R2.
Sold bulk close to HOD=$107-107.5 esp. after I saw the "double-top" there, got flat when it lost VWAP.
(-) Kept it on watch but never re-entered despite 30/60min chart showing a massive picture-perfect bull-flag. Unacceptable miss:/
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-14 09:45:27 | FSLR | buy | $105.550 | long |
| 2021-01-14 09:56:15 | FSLR | buy | $105.620 | long |
| 2021-01-14 10:17:47 | FSLR | sell | $107.240 | long |
| 2021-01-14 10:38:29 | FSLR | sell | $107.010 | long |
| 2021-01-14 10:43:40 | FSLR | sell | $106.390 | long |
| 2021-01-14 10:43:40 | FSLR | sell | $106.390 | long |
| 2021-01-14 10:49:25 | FSLR | sell | $106.200 | 0 |
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