I was trading this because I thought there was going to be key level breakdown,however I need to remeber that whenever a stock reaches a level there is going to be indecision at that level. So the first time it breaks you need to get out if it turns against you straight away.
Even better just wait to see how it reacts because heaps of people would be trading around that level so you never know whats going to happen.
This ended up doing what I thought it would do, however I got out right near the top of the retracement which is annoying.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-03-08 09:36:52 | MU 220311P00070000 | buy | $0.7600 | long |
2022-03-08 09:39:28 | MU 220311P00070000 | buy | $0.7900 | long |
2022-03-08 09:52:10 | MU 220311P00070000 | sell | $0.6700 | long |
2022-03-08 09:54:16 | MU 220311P00070000 | buy | $0.7300 | long |
2022-03-09 12:36:31 | MU 220311P00070000 | sell | $0.0900 | long |
2022-03-09 12:36:31 | MU 220311P00070000 | sell | $0.0900 | 0 |
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