Timeframe: Afterhours
Strategy: Late entry on a flag
Valid Trade:Pattern valid entry late
P/L: 5R
Notes: While reviewing trades I saw this on premarket watchlist up 4000%. On the hourly chart it was flagging with an entry at 12.80something. I stepped outside and this thing had blasted when I got back inside. Just knowing the momentum I took a 1/2 lot to account for the late entry. Trade still went 5R before I decided to jump out at 18.40. Stock went on to a high of $26.65. I should have held a small amount overnight
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-10-21 17:28:54 | DWACW | buy | $15.350 | long |
2021-10-21 18:13:49 | DWACW | sell | $18.400 | 0 |
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Nice. Killin' it.