Rallied into major previous break-down level R1=$24, many "longs" bag-holding from higher prices.
Premarket plan was to "short" the opening pop to R1=$24, expecting a hard rejection there, loss of VWAP, move back to where it came from S1=opening print/yesterday's close=$22-22.5 area.
Played per plan. Opened strong, pushed to R1,
got short Tier 0, risking tight stop above R1, expecting to roll-over and move to target S1.
Still can't figure out how my $22.55 bid didn't get filled.. At the same time, this thing bounced, remounted VWAP and made a new HOD breaking R1.
(-) I bagholded until stop triggered. No matter to what happened with my order to cover, I should have remained focused and trim some size once VWAP was reclaimed, then flat thru HOD.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-06-08 09:42:23 | SKLZ | sell | $23.500 | short |
2021-06-08 10:18:33 | SKLZ | sell | $23.900 | short |
2021-06-08 10:23:16 | SKLZ | buy | $24.300 | 0 |
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!