chopping opening but saw a level of support around the VWAP so tried to enter but stopped out. Target was $5.30 to $5.40 range which was a 3 to 1 RR. Even though I stopped out the stock actually went to 5.50 during the day. Althought I could have tried a looser stop a little lower below VWAP I think I would have still stopped out. overall happy with my entry and willingness to not freakout and try to chase. this stock was very choppy all morning an didn't get too clean until around 11am
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-11 11:38:00 | OHGI | buy | $5.060 | long |
2015-06-11 11:44:00 | OHGI | sell | $4.980 | 0 |
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