Tags:
Took this trade on a cup and handle forming. This name is trying to break out of a inside day. I have a tight stop at LOD.
The fundamentals aren't great but sales is continuing to grow. This is a story or name that I personally have used once.
The RS rating doesn't hit that 80+ mark. So it's not the perfect stock but the technical pattern is hard to ignore...
9:00AM
The longer I'm in this trade, the more I realize how late I am to this rally. I moved my stop up as DASH continues to grind up. I added 50 more shares and my risk is now reduced to $245 from $360...
Being really cautious. I'm hoping to move to break even before the end of the day.
7-24
8:44AM
DASH did well enough for me to move my stop to break even on the trade. I won't let this go against me unless there is a gap down that I cannot control. Like many other stocks, the weekly candle is showing an engulfing candle on higher volume.
I don't know if we are out of the woods quiet yet with a strong market bounce. It's still summer time...
7-26
7:25AM
A gap down and wide spread got my stop hit. I didn't want to take anything less than break even since the trade started to work for me...
Execution detail:
Date/time | Symbol | Qty | Price | Position |
---|---|---|---|---|
2021-07-23 10:51:00 | DASH | 50 | $184.340 | 50 |
2021-07-23 10:51:06 | DASH | 50 | $184.290 | 100 |
2021-07-23 10:55:30 | DASH | 4 | $185.265 | 104 |
2021-07-23 10:55:30 | DASH | 46 | $185.265 | 150 |
2021-07-26 09:35:22 | DASH | -2 | $184.750 | 148 |
2021-07-26 09:35:22 | DASH | -100 | $184.510 | 48 |
2021-07-26 09:35:22 | DASH | -48 | $184.520 | 0 |
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