Shared by
smiyaki
Why: Tradetotarget, momentum play. Lower volume, but showed strength on breakout over VWAP.
How: Added on low vol pb close to the tradeline/vwap with a SL under the open of the breakout candle. Realized I put on too much size so cut half when it started acting a bit uneasy looking weak. Never added risk back on so then just road it out to my PT. held small piece ah but ended up selling at 32 when there was no squeeze.
What: Should have added second tier on pullback to the 20 EMA and over vwap. Then could have sold at 32, 33, 33.5 and held last piece for a poss squeeze.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-09-20 14:01:20 | IRNT | buy | $30.100 | long |
| 2021-09-20 14:17:52 | IRNT | sell | $29.850 | long |
| 2021-09-20 15:05:30 | IRNT | sell | $30.880 | long |
| 2021-09-20 15:17:02 | IRNT | sell | $31.890 | long |
| 2021-09-20 16:40:00 | IRNT | sell | $32.010 | 0 |
Leave a comment about this trade!
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!