Shared by
smiyaki
WHY: News on the day, low float, room to $5, support on 20 ema and VWAP on a low vol pullback. Also on trendline.
HOW: Bought tier 1 on dip to 4.08 in between 9 and 20 ema. Added on break of 4.25, then started scaling out. Took profits early, did not let trade play out, was undersized.
WHAT: Should of been a bit more patient on the entry, was coming off 2 red trades. Put me green on the day, but executed sloppy. Had room to add full size multi tiers and scale out to 5. Re-entry area on pullback to 4.4 area later in the day knowing this was heavy res.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-09-23 11:10:06 | RNAZ | buy | $4.080 | long |
| 2021-09-23 11:25:59 | RNAZ | buy | $4.290 | long |
| 2021-09-23 11:27:42 | RNAZ | sell | $4.350 | long |
| 2021-09-23 11:34:06 | RNAZ | sell | $4.440 | long |
| 2021-09-23 11:35:09 | RNAZ | sell | $4.520 | long |
| 2021-09-23 11:36:41 | RNAZ | sell | $4.610 | 0 |
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