recent MDB that squeezed yesterday and looked like it should have opened red today but ended up breaking to new highs in the mornirg.
In the afternoon it was forming a nice structure and holding VWAP.
Got in on the triangle trend break ricking the low to VWAP.
WAs scared and ende dup selling 2 shares very quickly for less than 1R. Part of it had to do with the fact that i consistently lose on Fridays so didnt want that to be the case.The other part was that I felt like the stock was already overextended.
I got in for a squeeze play but sold too early.
I decided to wait for HOD break and squeeze on last share.
Got a small HOD break and pull back.
When it broke again to 4R and pulled back again, i thought i missed the sell and ended up seeing last share for 3R.
stock ended up going 13R up.No way i would have been holding for that long. I'm happy with my last sell but definitely should have stuck to my plan of holding my 1st 2 shares for atleast 1-2R or HOD test.
This stock got me so emotional, i stepped away from the computer and missed other plays like IMPP.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-03-04 12:31:00 | INDO | buy | $29.390 | long |
2022-03-04 12:34:00 | INDO | sell | $30.135 | long |
2022-03-04 12:37:00 | INDO | sell | $30.575 | long |
2022-03-04 13:29:00 | INDO | sell | $34.310 | 0 |
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