Shared by
efernandes
Recent runner that has been consolidating for multiple days and has tried cracking but kept getting recovered.
When it squeezed to a resistance level and held VWAP, I decided to buy. Bought small size b/c felt a bit scared since it has been trying to breakdown multiple times and is a pump. Should have seem the squeeze potential and gone with the size i wanted.
Sold along the way.
Bought again but only 1 share and moved stop level too high.
Had a fake breakdown which stopped me out.
When it recovered, I tried buying again but missed the entry, should have got back in b/c it held the level so I could have got back in.
Ended up squeezing to new highs which was the plan.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-09-23 13:18:00 | CEI | buy | $1.670 | long |
| 2021-09-23 13:34:00 | CEI | sell | $1.713 | long |
| 2021-09-23 13:36:00 | CEI | sell | $1.754 | long |
| 2021-09-23 13:41:00 | CEI | sell | $1.773 | long |
| 2021-09-23 13:47:00 | CEI | sell | $1.800 | long |
| 2021-09-23 14:14:00 | CEI | buy | $1.780 | long |
| 2021-09-23 14:21:00 | CEI | sell | $1.760 | 0 |
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