oh man I wish the first trade I took on this was the only trade I took today. I would have been up $11 isntead of down like $50.
ANyway the first trade I was playing the CJ pattern. I sold into the push for a 30 cent profit. This was the right move. I remember crown saying that she usually sells after 30 cents because back in the ay if something moved 30 cent it was really good. Luckily I sold all of it because it then dumped crazy hard. This might not have been the best one for the pattern because it was not really under vwap during pre-market, it kind of flirted above and below it.
The second trade I took I tried to buy the break of vwap and it got stuffed real quick. Maybe the only right way to buy the break of vwap is if it is near the CJ level, or if it break and then re-tests and confirms.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-04-09 09:37:10 | AFMD | buy | $10.300 | long |
2021-04-09 09:37:24 | AFMD | sell | $10.670 | 0 |
2021-04-09 10:33:11 | AFMD | buy | $10.040 | long |
2021-04-09 10:35:09 | AFMD | sell | $9.780 | 0 |
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