PALT Trade on Oct 13, 2021 09:59 from smiyaki: Tradervue User Stock Trades.

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smiyaki

 

WHY: Confluence on TL 5 min, support built on multiple days around 8.90, and sellers exhaustion

HOW: Through a bid at 8.80 sl under 8.76 where there was a low on a previous breakout candle. Scalped two sells, did not want to hold on for too long.

WHAT: Bigger move was in the cards, but wanted to take my profits early in this market. Best entry was on the 30 min timeframe 9 EMA being used as support, as well as long lower wicks

Risk: .05
RR: 4:1
Total R: 4R
Percentage of full size: 60%


Execution detail:

Date/time Symbol Side Price Position
2021-10-13 09:59:29 PALT buy $8.800 long
2021-10-13 10:02:27 PALT sell $8.980 long
2021-10-13 10:04:14 PALT sell $9.040 0


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