Shared by
mattmatt456
Got in a touch later than I would have liked but otherwise decent execution and read after entry.
Saw it hugging the 50ema on the 1min chart shortly after sinking from it's pre-market high ($27.60) right before open. Felt this was a strong support line and it could run after so I got in. Once it started to move though I felt that it wasn't going to make a new high so I cut off my first half at the vwap and then latter half at the $27.44 support line defined in both the after and pre-market - no need trying to squeeze out an extra $.05.
Happy with this one as it was an otherwise super bearish day.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-07-27 09:32:08 | LCID | buy | $27.100 | long |
| 2021-07-27 09:32:40 | LCID | sell | $27.242 | long |
| 2021-07-27 09:33:07 | LCID | sell | $27.440 | 0 |
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