HUT Trade on Oct 18, 2021 09:34 from DieselGenSet: Tradervue User Stock Trades.

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DieselGenSet

 

This was basically the same as MARA. Day 2 play after it had a flag breakout on the daily chart.
It opened weak on the intraday chart and went Red to Green so i got long.

It pulled back and retested a level at 12 from the previous day. This was actually below my intended stop but i gave it some room just in case it held. If i was being 100% disciplined I shouldnt have done this. It increased my risk from 1R to 1.7R. I was lucky it held and i got away with it.

From here it was very slow progress grinding higher building out a long flag pattern. I sold 1/2 my position into the first candle that broke this pattern.
That breakout didnt hold up and it continued to trade sideways again.

I had been trailing my stop loss up under the 20ema so after it started to break down i stopped out on the rest of my shares.
I was expecting more from this but everything seemed to be moving more slowly today.


Execution detail:

Date/time Symbol Side Price Position
2021-10-18 09:34:34 HUT buy $12.260 long
2021-10-18 09:34:43 HUT buy $12.310 long
2021-10-18 10:31:42 HUT sell $12.740 long
2021-10-18 11:15:44 HUT sell $12.500 0


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