Tried to catch bounce from the VWAP for a possible triple top. If it could break the days high, it is gonna blow up in my opinion. Stop under VWAP at about 7.47. Wanted target $9.
I was stopped out here too. I have made a mistake when I did not sale half position on testing highs and moving stop to the entry. So the trade and the day gone red...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-30 12:32:20 | AVXL | buy | $7.800 | long |
2015-11-30 15:13:49 | AVXL | sell | $7.440 | 0 |
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This trend line break would have been my stop http://prntscr.com/99k7se