TRADE 43
I gave UPST a second chance but it was difficult to trade. I went long again at the level of $140.28 at 09:55AM, risking to $134.30. The stock was again above the $140.00 level and it was my target to stay in the trade until there is a reason2sell. I drew a trendline into the chart and then hold the trade until the trendline on the 1-Min Timeframe was broken. It was also near the R3 zone around $150.00. After my exit I saw a further push exact to the $150.00 level and from there we saw a bigger rejection. It is really important to respect the technical levels. I sold at 10:48AM.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-02-16 09:55:14 | UPST | buy | $140.280 | long |
2022-02-16 10:48:36 | UPST | sell | $146.890 | 0 |
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