Shared by
diemo
Big Picture
SPY pulls back to recent consolidation level
Intraday
DUK - earnings day - gap up over ATH
Idea
Entry when price pulls back onto VWAP and holds
Execution
At first I thought I have missed the entry. Price came back again. Then unfortunately the price broke through VWAP and couldn't get above again. Maybe the small consolidation wasn't visible in the 5min chart and therefore couldn't give enough support around VWAP?
Rating
9/10
- Don't know what I could have done differently.
- Keep an eye on the first move up. When it's pretty extended to get over a certain (important) level, the price might break through VWAP on it's pull back.
Chart
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-05-10 10:06:00 | DUK | buy | $102.380 | long |
| 2021-05-10 10:16:00 | DUK | sell | $102.000 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!