After the morning strenth i decided, that there is a buyer here in it and tryed to play first pullback from 9EMA, and the entry was not so bad. The stock started to move the right way, but there was the second pullback, which was more powerfull and i was stopped out. I placed my stop right under the VWAP, but as you can see, the trade was right, but i was not able to see it at that moment.
How should i behave myself in trades like this? Was there signal for re-enter this position? And when exactly was that points?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-24 09:53:38 | DRI | buy | $70.060 | long |
2015-06-24 10:20:27 | DRI | sell | $69.800 | 0 |
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