NRXP Trade on Jul 26, 2021 10:25 from mattmatt456: Tradervue User Stock Trades.

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mattmatt456

 

Terrific little catch in the weeds. Missed the big moves but knowing its behavior I felt comfortable with this one.

After its big moves of the morning, it dropped below the vwap and began consolidating above its $21 support level. Upon re-reaching the vwap it dropped further which made me feel it would drop below $21, which it subsequently did, and the newly established support would be a good entry. Let it establish at $20.70 - which did look good looking at its chart patterns - so I jumped in, aiming for a $.60 gain. It began to reverse once it neared the end of the 5min bar but not as robustly as I wanted - to be fair though all the big moves were over - so I decided to cut it sort by $.10 and got out with a nice $.50 gain. Left about $.20 on the table but given how choppy it got after moving above $21, I'm not upset for not trying to squeeze that little bit of juice out that it had left.

Best of the day.


Execution detail:

Date/time Symbol Side Price Position
2021-07-26 10:25:47 NRXP buy $20.710 long
2021-07-26 10:25:56 NRXP buy $20.710 long
2021-07-26 10:26:00 NRXP buy $20.710 long
2021-07-26 10:30:25 NRXP sell $21.200 0


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