Shared by
efernandes
Recent runner that had a MDB and was consolidating at the former resistance became support level.
IT was also forming a downward diagonal triangle on the daily.
Gapped up today above 1 of the resistance levels.
Bought out the open when it started brekaing the PM high.
Got stopped out.
Got back in but too late on the breakout rather than the triangle trend. Got faked out and sold too early.
Bought again but felt like it was a chase so I got out which was good b/c it ended up cracking.
Should hav bought back on the triangle trend when it reclaimed VWAP and started trending backup.
Missed the MDB and big squeeze.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-10-18 09:30:00 | PROG | buy | $2.350 | long |
| 2021-10-18 09:31:00 | PROG | sell | $2.410 | long |
| 2021-10-18 09:31:00 | PROG | sell | $2.410 | long |
| 2021-10-18 09:49:00 | PROG | sell | $2.350 | 0 |
| 2021-10-18 10:16:00 | PROG | buy | $2.450 | long |
| 2021-10-18 10:17:00 | PROG | sell | $2.535 | long |
| 2021-10-18 10:19:00 | PROG | sell | $2.535 | long |
| 2021-10-18 10:20:00 | PROG | sell | $2.470 | 0 |
| 2021-10-18 10:40:00 | PROG | buy | $2.560 | long |
| 2021-10-18 10:47:00 | PROG | sell | $2.542 | 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!