The best entry for this would have actually be $12.10 risking $12.01ish. I am seeing this pattern more and more now. It is the three way down trend and then the reversal.
For risking 9c this provided 50c upside. That is 4:1 RR which is really good. I obviously chased this and added to my position and got burned. WHen buying midday I should not expect a breakout and should sell into the HOD resistance.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-06-18 12:23:24 | CLNE | buy | $12.340 | long |
2021-06-18 12:29:30 | CLNE | buy | $12.460 | long |
2021-06-18 12:31:24 | CLNE | buy | $12.550 | long |
2021-06-18 12:35:31 | CLNE | sell | $12.280 | 0 |
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