Another last hour reversal trade. The stock fell 20%, -11 points to support at $45.00 through its previous support at $49.00 on the daily chart. The entry - diagonal resistance breakout after a very strong buyer has held the support. The first exit was after a volume spike (the volume went through a dark pool).
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-03 15:30:48 | DWRE | buy | $45.140 | long |
2015-11-03 15:30:50 | DWRE | buy | $45.230 | long |
2015-11-03 15:50:49 | DWRE | sell | $45.850 | long |
2015-11-03 15:59:31 | DWRE | sell | $46.010 | 0 |
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