Shared by
TrendSupporter
This was the runner and I waited for my outer line and then waited for confirmation when I saw a few upper wicks right at my line. I then shorted right under my line and this was an ETB stock so I had a tight hard stop and I got stopped out. There were also to higher volume candles before my entry so I thought if it couldn't push higher on that volume there was a good chance this was the top.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-11-08 14:25:40 | PPSI | sell | $11.250 | short |
| 2021-11-08 14:27:09 | PPSI | buy | $11.690 | 0 |
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