This was the third pullback and I shouldn't have taken it for two reasons. 1. This stock already had a nice move, the one I was waiting for but missed. 2. It was midday and I needed to wait for a bigger/longer pullback.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-26 12:44:37 | LNKD | buy | $123.020 | long |
2016-04-26 13:05:44 | LNKD | sell | $122.670 | 0 |
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Yeh Boston,
I see what you are saying...an entry around $122.65 after 3rd candle tap to support on the pullback would have been "cake".........maybe take a bit off around $122....then sell out most as it approaches $124. resistance level from gap down day in February......once I couldn't get through resistance LTO'S get sold........pullback was on much lower volume then the ramp up....fair amount of support at $120. level...maybe you'll get another shot...wished I had seen this one....trying to narrow my watch list and focus on less for the day with the goal of improving my performance.