Idea: Stock trending yesterday and it would follow up with a sell-off today
Daily: Multi day down trend, last 2 days recovery
Entry: Sell breakout in anticipation of break previous low of day
Stop: Above VWAP
Target: Next daily line 7.83
Recap: Entered the trade right at the low of the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-04-08 09:45:08 | XL | sell | $8.250 | short |
2021-04-08 10:03:01 | XL | buy | $8.430 | 0 |
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