Shared by
efernandes
MDB in PM and squeezed but ended up opening near the MDB level.
However it fell bad.
In the afternoon, i noticed that it was forming a nice wedge pattern.
I got in when I saw a double bottom on the higher 1/2 of the wedge.
Ended up stuffing at the breakout level of the wedge and stoppe dme out
Saw that it ended up holding the lower support of wedge and got in agian.
Did not feel confident and ended up selling too early.
Stock endedup squeezing a few dollars after my sell which would have given me some really nice reward but I ended up being red on the day b/c i sold too early that I couldnt make up for my earlier loss.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-02-22 14:00:00 | DWAC | buy | $90.500 | long |
| 2022-02-22 14:10:00 | DWAC | sell | $89.250 | 0 |
| 2022-02-22 14:25:00 | DWAC | buy | $90.594 | long |
| 2022-02-22 14:26:00 | DWAC | buy | $90.600 | long |
| 2022-02-22 14:49:00 | DWAC | sell | $92.060 | long |
| 2022-02-22 14:56:00 | DWAC | sell | $92.240 | 0 |
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